For millions, 401(k) plans have fallen short

You need to know this number: $18,433.

That's the median amount in a 401(k) savings account, according to a recent report by the Employee Benefit Research Institute. Almost 40 percent of employees have less than $10,000, even as the proportion of companies offering alternatives like defined benefit pensions continues to drop.

Continue reading article on cnbc.com.

Damian Sylvia

Managing Partner

Retirement Income Solutions