The Retirement Income Journal, published by Kerry Pechter, includes a report of a sobering presentation by University of Oklahoma law school professor Jon Forman, arguing that near-ideal conditions (including a 9% contribution rate) are needed to reach retirement adequacy for the approximately 10% of the population that will make it to 100. This podcast (5:53) argues that we should target a 15 percent rate of savings, since ideal conditions do not exist, and that home ownership, portfolio wealth and longevity insurance all enhance financial resilience. Learn more about your ad choices. Visit megaphone.fm/adchoices