The Society of Actuaries says individuals must first understand all the risks related to retirement so they can take steps to manage them.
Tag: longevity risk
They are worried about longevity risk, the Plan Sponsor Council of America says.
A T. Rowe Price survey discloses how defined contribution plan sponsors understand several retirement planning objectives and risks.
This is especially true for single women retirees, but a survey finds owning an annuity and working with a financial adviser helps.