More articles on the weaknesses of the 401(k) model

Following 2008's global financial markets' meltdown, many have voiced concern that 401(k) plans should be (and should have been) a component of retirement savings, but not the only one. Everyone agrees that the "diversity" of a plan's investments is difficult to measure, and that stock investments carry too much risk for those who have short retirement horizons. However, what may replace or supplement the 401(k)?

In October, The New York Times weighs in on target date funds in light of market cycles, some more severe (2007-present) than others.

See video, from a September interview on Fox News, discussing trends in 401(k) investment during the recession. Ms. Barrie Christman, of Principal Financial Group, reported that people continue to invest in 401(k)s. Note the contrast between Christman's assertions and the news anchors' quotes. While Christman insists that 401(k)s are a smart investment and that many people have increased their 401(k) contributions, the news anchors try to regroup the conversation to the extreme swings in the markets over the past ten years. Somewhat disturbing is Christman's quote that "it is smart to go on auto-pilot" with regards to investing for retirement.

From August, Pension News writes how 401(k)s fail minority investors, i.e. african-americans and latinos.

From January, in the L.A. Times.