Here's a prediction in which I have mild confidence: Within 10 years, federal law will require participants in 401(k)s and IRAs to allocate a portion of contributions to a guaranteed personal retirement income annuity, funded by U.S. Treasuries and perhaps other U.S. securities.
This prediction is based on connecting many dots that I will cover in this article, so you can decide for yourself.
By "mild confidence," I mean perhaps a 50-50 probability. But there is one upcoming event that we can watch, and it alone may tell us whether the probability may be higher. That is the next step taken by the Department of Labor's Employee Benefits Security Administration (DOL EBSA) in regard to required lifetime income illustrations for participants in defined contribution (DC) plans.
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