Simple Steps to Avoid Outliving Your Money in Retirement

2015-02-05T18:54:47-08:00February 5th, 2015|Categories: Retirement|Tags: , , |

Nearly all workers say guaranteed lifetime income is important in retirement. Yet few are doing anything about it. The slow switch from defined-benefit to defined-contribution retirement plans has been under way for three decades. But only now are workers starting to fully appreciate the impact. The vast majority of Americans say that having a guaranteed monthly check for the rest of their lives is important, according to a TIAA-CREF lifetime income survey. Nearly half say securing enough guaranteed income to [...]