Continued Success of U.S. Retirement System Likely Despite Shift from DB to DC Plans (PDF)

Continued Success of U.S. Retirement System Likely Despite Shift from DB to DC Plans (PDF) (Investment Company Institute)

"The U.S. retirement system has successfully provided adequate retirement resources to generations of Americans....The shift in private-sector retirement plans from predominantly defined benefit (DB) plans to predominantly defined contribution (DC) plans is unlikely to reduce retirement preparedness.... Rather than the traditional three-legged stool analogy, a pyramid is a more accurate depiction of the resources Americans rely on in retirement."

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