Let me tell you about a quiet disaster that’s unfolding across your clients’ 401(k) statements. For decades, we’ve told employees a simple story: save consistently, invest wisely, retire comfortably. It’s a beautiful narrative. It’s also incomplete in a way that’s about to cost a lot of people a lot more than they realize.
The piece we left out of the story is longevity — specifically, the kind of longevity that comes with frailty, care needs and the slow erosion of independence.
