SEIU member Willie Lucas has been an electrician at Howard University for three decades. He was planning to retire in two years but the economic crisis wiped out nearly $50,000 from his 401(k) and he's had to put his retirement off another 10 years.
The outrageous thing is that Willie is one of the lucky ones. Half of all workers have nothing but Social Security to rely on when they retire--and the average payment is $1,160 a month.

SEIU's Anna Burger shared Willie's story and outlined what needs to be done to fix our broken retirement system at the Retirement USA conference today. "We know what a 21st century retirement system needs to look like," said Burger. "It needs to cover everyone, it needs to provide adequate benefits to all workers, and it needs to be secure and not linked to the volatility of the market."

More about the Retirement USA initiative here.