The vast majority of older working Americans don't have sufficient savings to retire full-time at age 65 with their pre-retirement standard of living. That's one of the sobering conclusions from the recent Sightlines report issued by the Stanford Center on Longevity (SCL).
As a result, the report noted, workers approaching retirement will either need to work beyond age ...
Retirement can be a wonderful time when you get to relax, explore your passions and spend time with your family. No matter how carefully you’ve planned for this period, though, you may find yourself asking: How long will my money last now that I’ve stopped working?