Nothing's more important than making sure
your retirement income lasts a lifetime.
With people living longer, we're challenged to finance retirements that could last 20 to 30 years or more. Over the last generation, the number of private sector workers with traditional pensions has declined significantly. Health care and other costs in retirement keep rising.
Add it up, and it means people today shoulder more personal responsibility to finance longer and more expensive retirements. This calls for a fundamental shift in the way we plan for retirement, from just accumulating savings to planning for lifetime income.
