Disappearing Pensions and What You Can Do About It
Not that long ago, many corporate and government employees had the safety of a defined benefit pension plan which was funded by the employer and would provide a steady stream of “guaranteed” retirement income for the rest of their life. Sadly, this type of pension plan is a disappearing commodity and, with them, goes the security of an income stream to support one throughout retirement. So, given the inevitability of the current trend to alternative vehicles, what can a retiree or future retiree do to...
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