Bearded man looking shocked Tomorrow's retirees might have a harder time facing a financial shock such as health care bills. (Photo: Shutterstock)

While today's retirees, dependent as they are on Social Security and traditional pensions rather than 401(k)s, are better able to withstand financial shocks, tomorrow's retirees won't have it so easy.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.