The point of the article seem to be that 401(k) plans took the place of pension plans, replacing unending benefits with a finite pool of money. But they picked

The point of the article seem to be that 401(k) plans took the place of pension plans, replacing unending benefits with a finite pool of money. But they picked a weird way to get that point across. The senior in the article has $200,000 in savings -- but insists on acting like she won't also receive any social security benefits. (And then is worried about her stability, and wishing she had a pension plan.) The larger point may be valid -- that employers aren't contributing as much as they used to toward their employees' retirements. But that gets into a whole discussion about how the nature of work has changed over the last 40 years...