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I believe that we need to keep the 20th amendment. This is because once we elect a president in November, the two administrations have plenty time to leave and enter the White House by January. I believe March is too long for the president elected by the people to take office.

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1.Proposed by Senator George Norris.
2.It was proposed to stop the president elect from being a 'lame duck' and have to wait a long time until they started their term.
3.Took 10 months to ratify (March 1932- January 1933)
4.Franklin Rosevelt was the president at the time
5. To prevent Lame Ducks  ( final period of term after successor election.

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The terms of the President and Vice President shall end at noon on the 20th day of January, and the terms of Senators and Representatives at noon on the 3d day of January, of the years in which such terms would have ended if this article had not been ratified; and the terms of their successors shall then begin.

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In simple terms, with the 20th amendment, the new presidential administration would start on January 3rd following the election, instead of in March, and set up plans for succession for the president elect in case of emergency.