Who's Retirement Is It?

As we approach retirement, the process of generating lifetime income while balancing the desire to leave a legacy for our heirs becomes the focus of retirement planning. Traditionally, retirement was expected to last five years, and the three-legged stool of pensions, Social Security, and personal savings was considered sufficient to cover a retiree’s needs. Now, retirees are expected to plan for a retirement lasting closer to 30 years. And, a fourth leg is being added to the mix — work. Will retirees change the way they receive their income, and will government change the manner in which income is taxed?

Who's Retirement Is It?
Source: Life Insurance Selling