It's easy to forget that the concept of 'retirement' is very new relative to the history of human societies. It's only in the last ~100 years that life expectancies, technology, and human productivity have reached a point that allows us the opportunity to stop working.

In this podcast episode, I discuss how the burden of retirement has been switched from the employer to the employee.

This change from defined benefit plans (pensions) to defined contributions plans (401(k)'s, etc.) increased the difficulty of planning for retirement and replicating an income. 

The complexity of retirement planning will only continue to increase as our life expectancies increases. 

Traditional 'retirement' may look very different by the time Gen X and Y are ready to stop working. 

Tune into to hear my complete thoughts on the past, present, and future of retirement!

Gratefully,

T.J. van Gerven, CFP®

Fee-Only Financial Planner | Investment Advisor 

Host of Do More With Your Money Podcast

modernwealthbuilders.com

Twitter: @Tjvangerven