Retirement Savings Shortfalls for Today’s Workers, Employee Benefit Research Institute, October 2010, Vol. 31, No. 10: “Earlier this year, EBRI updated its Retirement Security Projection Model1 and determined that the overall retirement income adequacy for households currently ages 36–62 had substantially improved since 2003 (VanDerhei and Copeland, 2010). Almost one-half of Baby Boomers2 and Gen Xers3 were determined to be at risk of not having sufficient retirement income to cover even basic expenses and uninsured health care costs. The results, not surprisingly, were even worse for low-income households, as 70 percent of households in the lowest one-third when ranked by pre-retirement income were classified as “at risk.” Moreover, 41 percent of those in the lowest pre-retirement income quartile are predicted to run short of money within 10 years of retirement. The study was also able to document the degree to which eligibility for participation in qualified retirement plans (especially defined contribution plans) matters with respect to “at-risk” status. For example, the at-risk probability for Gen Xers varies from 60 percent for those with no future years of eligibility in a defined contribution plan to 20 percent for those with 20 or more years. This article attempts to answer both questions and also provide a first approximation of the importance of nursing home costs and home health care expenses in the deficit numbers, as well as the value of current Social Security retirement benefits.”