The challenge of managing retirement plans

23-Apr-2015 #Globalwealth Source: Sandiego Source

A proposal that financial advisers, particularly for pension planning, should be regulated by the federal government is being debated in the US. Predictions of severe cutbacks in lifestyle as well as having to work beyond the traditional retirement age may be the fate for many boomers as a result of inadequate retirement funds. Nearly all municipalities, including counties and states, have pension-funding deficits nationwide.

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