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One Approach to Shoring-Up Retirement Finances
The need for a steady, dependable income stream in retirement is obvious, and for Social Security beneficiaries, the predictability of a monthly benefit check provides at least some degree of comfort in the financial planning process. But is it enough? Will it be sufficient? And what can be done to compensate for those millions who cannot rely on a stable pension to augment their Social Security cash flow. Forbes contributor Richard Eisenberg tackles these questions in a post on forbes.com, in which he explains the thinking of a “consortium of financial services companies” and their suggested program to “Retire Your Risk” with an approach that demystifies the topic of annuities. Read his post here…