Most retirees' eagerly anticipated golden years will betarnished by insufficient income and a consequential declinein standard of living unless consumers and policymakers getcracking now to avert this bleak scenario.
So says Alica H. Munnell, professor of managementsciences at Boston College and director of its Center forRetirement Research, who, in an interview with our sister siteThinkAdvisor, discusses three critically important pieces of advicefinancial advisors can give clients who are nearing retirement.
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