Lost Retirement Horizon: Why 401(k)s Are Not OK (and Not Just Because of the Lousy Economy)

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By John F. Wasik and RealClearInvestigations

11/23/2022Updated: 11/23/2022

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News Analysis

Fretting over your 401(k) lately? For all the current turbulence in these retirement plans—from their rocky recent market performance to asset managers’ politicization of their investments through the “environment, social and governance” agenda—the main problem lies in their flawed design decades ago, a range of retirement experts say.

John F. Wasik is a RealClearInvestigations reporter writing about innovation, investor protection, retirement, money management, history, and social issues. He also contributes to the New York Times, Wall Street Journal, and other global publications, and has appeared on CNN, FOX, NBC, MSNBC, NPR, PBS, and radio stations from Australia to Israel.

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