The global quest to save retirement
There's time for employers and governments to work together on creative solutions to the financial challenges of living longer
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SPEND enough time around retirement experts, and the prospect of living longer starts sounding more like a threat than an opportunity.
After all, increasing longevity is helping to bankrupt pension plans, erode Social Security's finances and make it so hard for individuals to choose a path towards a well-funded retirement that they may as well be playing pin the tail on the donkey.
Yet, a long life can be a tremendous blessing. On July 4, my grandfather died after 90 action-packed years. He lived 14 years longer than the current US male life expectancy and 34 years longer than the average man was living the year he was born.
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