Portside

The Dumbest Retirement Policy in the World - A failed public policy experiment is tearing the country apart. It was a bad idea from the get-go, but new research shows that America's 401(k) revolution has left us even worse off than we thought. Here's a look at how we got into this mess, and where it will take us if we don't wise up.

How’s your 401(k) doing? Working Americans ask themselves this question — and angst about the answer — a great deal these days. Any why not? For most Americans, retirement reality has turned chillingly stark: Either you have a robust set of investments in your 401(k) or you’re facing a rocky retirement.