Expert: Half of US working population failed by today’s retirement policies

Half of America's workers aren't getting any help with saving for retirement under the current programs intended to assist employees, but if workers and their employers are willing to make some sacrifices, the problem can be solved, said James Lockhart, co-chair of the Bipartisan Policy Center's Commission on Retirement Security and Personal Savings. "We need to help the 50% of people who don't have retirement savings plans," he says.

CNBC (7/1)