The 401(k) retirement is coming — are you prepared?

Alessandra Malito
The 401(k) retirement is coming — are you prepared?

Most retirees rely on retirement income they didn’t personally put away for their futures, although they did work for it. Young adults won’t have that luxury, and they know it, a recent survey found. All but 5% of current retirees consider Social Security and a pension plan as their primary sources of retirement income, according to a Wells Fargo (WFC) survey released Friday.