No ----.

Corporate america decided it was better use of money to concentrate all the profits into the hands of a handful of c-suite executives instead of rewarding the employees that actually do the work with a secure retirement.

Meanwhile the erosion of salaries through inflation and shifting costs of health insurance from the employer to the employee has left employees with nothing saved for retirement.

It's only going to get worse.

Can't wait until the GOP finally gets social security killed once and for all.

Just one more tax cut for billionaires will fix the system.

20 years ago companies still had pensions.

Not many did, but there were still plenty of retirees back then living off their pensions.

We are seeing the wave of retirees that have never had a pension at work and it is showing. This is the reckoning of replacing pensions with 401k plans and CEO's taking all of the profits from the worker productivity and passing along annual raises less than the rate of inflation.