In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered any retirement plan by their employers. And of those who are offered a plan, roughly 25% do not choose to join. In other words, everything is voluntary, and that's one of the reasons our results are so perilous for most people.
![In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered](http://cdn.quoteddaily.com/images/hedrick-smith/in-western-europe-most-countries-have-variations-of-the-lifetime-pension-system-for-most-workers-so-they-are-keeping-the.jpg)