US retirees risk running out of cash up to 10 years earlier: WEF
It says urgent action is needed from policymakers, employers and individuals
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ONE of the toughest problems retirees face is making sure their money lasts as long as they do.
From the US to Europe, Australia and Japan, retirement account balances aren't increasing fast enough to cover rising life expectancy, the World Economic Forum (WEF) warns in a report published on Thursday. The result could be workers outliving their savings by as much as a decade or more.
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