Charles Ellis, one of the most revered figures in American investing, hates to waste time.
Especially when it comes to an issue over which the clock is ticking: America’s retirement crisis. “I didn’t know until I sat down and looked at the numbers how serious it could be,” he said. “Unless we act soon, millions of retirees will find that they are too old to return to work and have too little in savings. It is a terrible trifecta: old, poor and alone.”Greenwich Associates founder Charles Ellis speaks with a reporter prior to an event in New York..
Ellis has a new book out, “Falling Short: The Coming Retirement Crisis and What To Do About It,” which has been reviewed everywhere from The Economist to The New York Review of Books. His Wall Street résumé is a reason why people are taking his leadership on—and dire predictions about—retirement, seriously. Ellis wants to change the frightening trajectory many Americans are on.