No Pension? No Worries, Part II

{3:06 minutes to read} A recent survey found that many middle age and older people fear that they will run out of money in retirement. While there are many reasons for this concern, 2 major factors are the decline of the traditional pension and the increase in our life span.

A traditional pension is a defined benefit plan that pays an employee a lifetime benefit based on their final average salary and years of service.

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