An in-depth look at the current retirement planning environment

This brief and detailed report by the Center for Retirement Research at Boston College provides an in-depth, holistic look of the landscape of retirement planning in the current economic environment.

A few observations that should not come as a surprise to most readers:

1) It is ever more increasingly difficult to put money away in dire times, such as these, as the trend shows since 2007.

2) The people most affected are the lower income and younger employees, who have less disposable cash to allocate to future needs.

3) The likelihood of traditional DC / 401(k) plans to be able to provide a stable, predictable, meaningful means of retirement income for a vast majority of Americans is remote.

Given this scenario, how would you as a reader, regardless of your employment cycle, or financial situation respond to this?

Would you do anything differently?