The Financial Challenge of Retirement and How to Meet It

via Wall Street Journal

RETIREMENT CHALLENGE: A new book, “Falling Short: The Coming Retirement Crisis and What to Do About It,” offers a distressingly clear picture of the financial challenge that most of America faces—and an optimistic appraisal of how the country can meet it.

The authors, Charles D. Ellis, Alicia H. Munnell and Andrew D. Eschtruth, explain why the “golden age” of retirement (roughly, 1980 to 2000) has given way to the current state of affairs: the “substantial gap that has opened up between the resources we need for a secure retirement and the income we can expect from our nation’s retirement programs.”

The three then spell out specific steps that the nation—and individuals—can take…

To read the full article CLICK HERE

About thebenefitblog

Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
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