Jacob Hacker

Some Sobering 401k Statistics

The UC Berkeley Center for Labor Research and Education just released an interesting research report titled “Meeting California’s Retirement Security Challenge.” The report has an introduction written by Jacob Hacker—a Political Science professor at Yale University. Hacker’s introduction focuses on what he refers to as the “Great Risk Shift” and is appropriately titled “The Coming Age of Retirement Insecurity.” The viability of defined...