THE SENIOR SENIOR YEARS

摘要

The financial crisis has put front and center people's fears of running out of money in retirement. According to a recent consumer retirement study by McKinsey, 61% of denned-contribution participants said they were interestedrnin an investment option that provides guaranteed income in retirement.rnJason Scott, head of the retiree research center at Palo Alto (Calif.)-based Financial Engines, the investment adviser founded byrnNobel Prize-winning economist Bill Sharpe, argues that the simplest, least expensive way to get that guaranteed income is with a relatively new product known as longevity insurance.