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A retirement crisis is coming; here’s how to fix it
While I have written previously on bits and pieces of the problems with our retirement system, my new co-authored book covers this issue comprehensively and presents specific solutions. This blog summarizes the core message. The problem is simple. We are facing a crisis because of a sharp mismatch between retirement needs and retirement resources. We need more money than ever before because we are living longer and continuing to retire relatively early (average retirement age is 64 for men and 62 for women), which means that we have to support ourselves for two decades on average and considerably longer for many….Read More
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