The concept of retirement planning is completely different than it was 30 or 40 years ago. Longevity risk – the result of people living longer – is forcing people to make sure what savings they have last for as much as forty years. Tim and Jeff discuss how it has changed and the different kinds of tools available to help in today’s environment.

Takeaways:

• Few of today’s retirees have pensions
• most have to rely on their 401K savings
• how that money can provide income