piggy bank at edge of chalkboard maze (Photo: Shutterstock)

We can all agree that building our retirement savings is an important goal. Statistics make it clear that we are living longer and when we combine that with the fact that we want to retire sooner leaves a decades-long gap that few people are prepared to deal with.  While Social Security was once the intended funding source for people's retirement, today you might just be able to count on that to pay your monthly rent or mortgage.  With a well-thought-out plan and a bit of planning and years of savings, you may be able to afford to retire at some point. Americans have done a poor job at saving for retirement, but it isn't completely their fault. The options available for saving have become extremely confusing over time. Americans are offered either corporate or individual retirement savings options, each with their own set of rules, regulations, and contribution limits. With more and more Americans choosing to manage their own investments, selecting the best retirement account(s) is a daunting task. It is time to simplify the retirement account landscape. 

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.