Families across America are facing retirement years with less financial resources than they expected and are likely to need. Rebuilding the foundations of retirement security will require a multi-pronged effort. Social Security must be strengthened for the long haul. New savings programs are needed to make up for the decline of traditional pensions and reliance on 401(k)s. Many of us will have to work longer than we expected in order to build up nest eggs that will last a lifetime. Government, private employers and individuals all must help. In an era of growing longevity, inaction only will make this challenge more costly to address. … Back to Article
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