Retirements at risk: employees lack a comprehensive, realistic view of resources and needs |
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Authors: | Young Michael L Gibson Cyndi Asefaw Shem |
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Affiliation: | Chicago Office of Mercer Human Resource Consulting, USA. |
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Abstract: | Employees who are following conventional retirement-planning advice will be in for a rude awakening as they approach retirement and discover that they can't afford to retire just yet or are likely to outlive their retirement funds. The article discusses how we have arrived at this point, what the implications are, and what both employers and employees can do to remedy the situation. |
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