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Worried About Your Retirement Income?

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Dear Carrie: I'm 83; I have always invested; and now I want to make sure I have stable income for the rest of my life. Where should I put my money? --A Reader

Dear Reader: This is a great question, especially in light of the most recent Retirement Confidence Survey conducted by the Employee Benefits Research Institute. In that study, only 35 percent of retirees believe they have enough money to cover basic expenses. When it comes to having enough for medical and long-term care costs, the percentages dip even lower. So a retiree of any age should be looking carefully at...

Related Tags: Retirement