Retirement Redefined: Longer Lives Strip Savings

Sep 6, 2011

As medical technology has improved, people are living longer, often well past expectations. If you're a man, the average life expectancy is now 75. It's 80 for women with more living well into their 80s or 90s. But that's leading to other problems. Long life is stripping away savings. From the Fronteras Changing America Desk, Marizco reports.