Let's Get Realistic About Retirement
https://www.transamerica.com/knowledge-place/lets-get-realistic-about-retirement
… plans, the 401(k) blueprint was designed decades ago to help fund the retirements of long-service workers with a shorter life expectancy. Generations have depended on it, but things … are changing. People are living longer, and not all employers can afford to offer such a long-term investment to their entire workforce. 1 The second component is Social Security. You’ve … retirement savings vehicles like IRAs Seek out insurance products to help cover medical and care expenses Consider financial products that offer guaranteed lifetime income Delay drawing on …