Tag: episode_1309

RETIREMENT SECURITY

August 19, 2016
This week we are revisiting a recent program on a popular topic – guaranteed income for life! Retirement experts Kim Lankford of Kiplinger’s and New York Life’s Christopher Blunt discuss strategies to avoid outliving your nest egg. You can watch that episode again here.

There is a growing retirement crisis in this country. An estimated 10,000 baby boomers a day are retiring and many of them are woefully unprepared to support themselves in retirement. Social Security, a primary source of retirement income for a majority of senior citizens is on shaky financial footing. The program is now projected to spend more than it earns by the end of the decade and unless significant changes are made will be depleted by 2034.
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