The older you are, the more you need to save.
The message for employers is that they should not expect huge increases in participation rates just as a result of offering more generous matches.
The problem is we hear about the low personal savings rate, and it's the people who save nothing who need to save something. Some people need to get on the stick and save as much as they can.
There's a good case to be made that they're going to be as well off, if not better off, than people with traditional pension coverage.
