The New Retirement Problem Is Figuring Out How to Spend It SafelyThe New Retirement Problem Is Figuring Out How to Spend It SafelyThe New Retirement Problem Is Figuring Out How to Spend It Safely
Gemini / GoogleYou’ve saved it, but how do you spend it? Millions of Americans are well versed in how to save in their 401(k) plans – everything from contributing regularly to securing company matches – but they have no real plan for turning those savings into income that will last, a survey of more than 2,100 employees by Nuveen and the TIAA Institute showed. Workers correctly answered only about one-quarter…