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Why Savings Don’t Equal Retirement Security

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For many American workers, the plan for retirement is to save as much as possible and hope you don’t outlive it. Brookings Institution economist Martin Neil Baily joins guest host Courtney Collins to talk about how to better navigate advisory fees, reverse mortgages, long-term care insurance and other tools available to retirees. He’s the author of a new report called “The Retirement Revolution: Regulatory Reform to Enable Behavioral Change” (St. Martin’s Press).