McClelland: Tontines: The Answer to All of Our Retirement Problems?
Dean McClelland explains his own personal connection to the retirement crisis and his mother’s own worries about outliving her savings. Upon hearing her struggle, he vowed to find a solution only to find out that what was available on the market would not solve her problems. With particular focus on annuities, the pair explore the problems with currently available solutions that eventually led McClelland to wonder whether tontines might be the answer to our retirement problems.
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