Why post-retirement planning is harder than ever

You have heard the exhortations to save, save, save. Perhaps you have even managed to sock away a decent retirement nest egg. If so, good for you.

But do you have a plan for how to draw down that money?

For millions of Americans, the answer is no. While 401(k) plans usually offer a defined array of investment choices, online tools and other guidance, there is no such system in place for when workers retire.

Continue reading the source article at cnbc.com. 

Damian J. Sylvia

Managing Partner

Retirement Income Solutions