12/7/12 – Investment Company Institute: U.S. Retirement System Is a Success (Plansponsor.com)

The U.S. retirement system successfully provided adequate retirement resources and successive generations of retirees have been better off, ICI research found.

The Investment Company Institute (ICI) paper, “The Success of the U.S. Retirement System,” points out most households maintain their standard of living when they retire, and concludes that, on average, more recent retirees have higher levels of resources to draw on in retirement than previous generations and the U.S. retirement system has become better at providing resources.

Read the full article at Plansponsor.com.