Business
In many ways, retirement planning was easier back in the good ol’ days. But if you’re retiring now, you face a completely different set of challenges than your parents or grandparents did. Today we talk about why the retirement planning decisions of the past were easier to make…1) More people with pensions2) Shorter life expectancies3) Fewer sandwich generation challenges (taking care of kids and parents simultaneously)4) Lower healthcare costs5) A higher ratio of people paying into Social Security compared to those taking out6) Higher interest rates