Source: Janice Revell, Money Magazine (CNNMoney.com)

I may write about retirement for a living, but that doesn't mean I like seeing my 401(k) crater any more than you do. Given what's been happening in the market, I sometimes catch myself thinking how great it would be if my financial future weren't tied to something as volatile as Wall Street's mood. So it was with a twinge of envy that I reflected on the recent saga of nearly 20,000 West Virginia teachers who were unhappy with their 401(k)-style retirement plans. What transpired illustrates why so many Americans are headed for a retirement crisis.

Read Full Article: No 401(k) do-over for you