Retirement Insecurity: Most Americans Struggle to Save as Pensions Decline and Social Security's Future Looks Uncertain

• Retirement crisis looming as many Americans struggle to save enough, with pensions disappearing and Social Security at risk • Single father Eric Payne represents wider issue, living paycheck to paycheck with under $10k saved at 37 • 401(k) plans failing to provide secure retirement for many, with only half of workers utilizing them • Premature tapping of 401(k)s on the rise due to financial distress and high penalties • Political debate heating up on how to address retirement crisis, from cutting entitlements to protecting Social Security