Our daily roundup of retirement news your clients may be thinking about.
What's missing from Americans' plans to live long Increased longevity carries certain financial implications but many people fail to fully understand the impact of longer life span, according to a report from researchers from the University of Southern California and the Society of Actuaries. Some 58% of respondents aged 60 and most of those who reached the age of 70 said they have not engaged in any retirement planning over the past three years, the survey found. Few respondents also claimed they have done some planning for their long-term needs, the report says. --CBS Moneywatch
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