As individuals, we need to have a financial plan in place for retirement. And as life expectancies grow, we need a plan that can address the possibility that we’ll be living longer in retirement than previous generations. The same goes for government. In a blog post, Erik Oppers, deputy division chief for the global financial stability division in the monetary and capital markets department for IMF, writes that as longevity increases, so will the number of people who didn’t adequately plan for it. And those people will increasingly rely on government programs to help make ends meet. Read more »
