Have you heard of a “social contract?” It’s an agreement that used to exist at companies where workers spent their entire career at one company and got a pension when they retired. Somewhere along the line, companies decided they weren’t going to honor those agreements. As a result, taxpayers end up paying for pension benefits of companies that shirked their responsibilities. And that is causing problems at companies where bankruptcy is a possibility. The airline and auto industry are two that are on the line, for example. And some companies may not make it, meaning the pension goes away. It’s a time when the only entity you can trust with your retirement is you! Many people think of their pension as the cake they get at retirement. Clark wants you to think of it as the icing on the cake. Every dollar you save on your own is a dollar you have to live on when you retire, and that is a guarantee. No one can take that away from you. If you’re under age 50, social security is not going to do it for you. So, if you’re not in a 401k, a SEP or a SIMPLE, get in one today!