This Week's Forecasts & Trends E-Letter
Retirement: How To Avoid Outliving Your Savings
October 21, 2014
With over 10,000 Baby Boomers retiring every day, a pattern that will continue for the next 20 years, retirement savings continues to be one of the most important issues of our day. With 76 million Americans born between 1946 and 1964 – the “Baby Boom Generation” – saving enough for retirement is critically important.
Unfortunately, study after study continues to find that most older adults have not saved nearly enough for their retirement, especially considering that we are living longer due to medical advances and taking better care of ourselves.
Today, we’ll start by looking at some recent data on retirement saving and how this remains a huge problem for most Americans We’ll also look into why it is that many people overspend in retirement and get into trouble. Following that discussion, we will look at some ways to make sure that you don’t outlive your savings.