"As life expectancy increases, the riskthat retirees will outlive their assetsis a growing challenge. The shift fromdefined benefit (DB) pension plans todefined contribution (DC) plans alsoincreases the responsibility forworkers and retirees to make difficultdecisions and manage their pensionand other financial assets so that theyhave income throughout retirement.GAO was asked to review (1)strategies that experts recommendretirees employ to ensure...
Related Subjects
Reference