6/8/2014 – There’s no one-size-fits-all retirement solution (MarketWatch)
Two type of retirees represent the traditional old-world model and account for 50% of those surveyed in Vanguard’s research. These types of retirees rely on Social Security and defined-benefit pensions as their main source of income in retirement.
By contrast, new-world retirees fall into four groups, two of which are the risk takers and two of which are the risk avoiders.
Read the full article at Market Watch.