Retirement today bears little resemblance to what it was for prior generations. In the United States and many other parts of the world, the way people prepare for retirement has changed dramatically. Few people can look forward to the 20th Century ideal of living comfortably off a pension. Even those who have saved in retirement […]
Have you ever wondered how the sum on your retirement account statements translates into lifetime income? You’re not alone. Chip Castille shares a tool to help you decode the numbers.