Study: Retirement security brighter

Tuesday - 7/13/2010, 1:28pm EDT

Retirement plans are doing a better job of providing a secure retirement for workers than a decade ago, according to a study to be released Tuesday by a nonpartisan research group. Many workers, however, may still come up short. That news of improved security may seem counterintuitive-or just plain wrong-to workers who saw their retirement accounts shrink during the recent market downturn, the Wall Street Journal reports. But workers fared better than they would have if the credit crunch had hit years earlier, according to the Employee Benefit Research Institute, a nonpartisan research group based in Washington that conducted the study.

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