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First, ask yourself, do we have a retirement crisis today?

Along retirees today, is there really a crisis of inadequate incomes?

Again, I'll say highest incomes on record, not just at the mean, which is skewed by outliers,

but at the median, the middle distribution.

We look down in, say, the 25th percentile record highs.

Hey, everyone. Welcome to Hermione. I'm Gene Chatsky. If you have been paying attention to the headlines lately, you've probably heard that retirement in America is broken, that we're not saving nearly enough and that most of us are headed for trouble.

It's a message that has been repeated so often it feels like a fact.

But Andrew Biggs, my guest on a recent episode of Your Money Math, the show I host for the Alliance for Lifetime Income, says that story isn't quite right.

Andrew is a senior fellow at the American Enterprise Institute.

He's author of a brand new book called The Real Retirement Crisis.

Why almost everything you know about the U.S. retirement system is wrong.

He spent years inside the Social Security Administration and the White House,

and he's here to share what the numbers actually say about how we're doing when it comes

...