Preparing for retirement involves a complex set of decisions, with prospective retirees relying on estimates of how long their money can carry them through their golden years while using information that is incomplete at best. For those who are feeling left behind in their retirement goals, making up that shortfall can seem nearly impossible. On this episode of Decoding Retirement, Robert “Bob” Powell speaks with Dave Goodsell, Executive Director at The Natixis Center for Investor Insight, about how Americans are currently feeling about their nest eggs and what they can do to improve their financial well-being. Dave discusses how health care can eat up most of your savings, “catch-up” options in tax-advantaged accounts, and how retirement isn’t always a choice.
Yahoo Finance’s Decoding Retirement is hosted by Robert Powell and produced by Dennis Golin.
Find more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.
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