Kiplinger

Scaling the Retirement-Savings Peak Is Tough; The Descent Is Tougher

It is sometimes said that planning and saving for retirement is much like mountain climbing. As you scale your way to the peak, you hope to see a glorious view of retirement on the other side.

But, just as with actual mountain climbing, you don’t get to revel in that view for long. It’s time to start your descent — actual retirement. And that’s when many people run into trouble.

The reason? They don’t have a good plan in place to make sure that the retirement savings they accumulated is able to support their retirement lifestyle — and will last the rest of

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