Fidelity exec says Congress should mandate a higher savings rate

... income to cover their expenses. "The proverbial four-legged stool - consisting of Social Security, traditional pension plans, defined contribution plans and personal savings - is wobbly at best, and by and large does not exist for most Americans," ...

http://www.reuters.com/article/2013/04/10/funds-fidelity-retirement-idUSL2N0CX0KB20130410?feedType=RSS&feedName=financialsSector