4 Positive Signs for U.S. Retirements
Taking the optimistic view.
I have been working with two Morningstar colleagues on a white paper about the U.S. retirement system (scheduled for November release). Part of that task requires reviewing the existing research. One of the best overviews is Retirement: Are Americans Preparing? by Peter Brady of the Investment Company Institute.
Unlike many retirement researchers, Brady finds the glass to be half full. This column summarizes those arguments. They are not points that you have necessarily heard, because most discussions of the U.S. retirement system are unrelievedly gloomy, describing a “crisis” that seemingly cannot be averted. The news, as we shall see, is not that bad.