Whether employees want their post-work years to include world travel or more time with family, everyone wants to enjoy a secure and comfortable retirement. Here are ways to better help them find the balance between the lives they want to live today with the life they want in retirement.
Offer longevity planning. Based on the U.S. average, men are living an additional 17 years and women another 20 years beyond the typical retirement age of 65, according to the National Institute on Aging. These increased life spans mean that people today can expect to spend more time in retirement than previous generations did. As a result of living longer, they should also anticipate higher costs associated with long-term care.
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