Most of our parents started working around age 20 and retired when they were 65. Because life expectancy was shorter, the average retirement typically lasted about 10 years. That means people often had about 45 years to prepare for 10 years of retirement. With medical advancements and healthier lifestyles, people are living longer. This means you may enjoy 20 or 30 years or more in retirement. Back then, retirees counted on Social Security and company pensions. As a result, individuals didn’t need as much in personal savings. Today, Social Security can’t cover most retirees’ primary expenses, and Social Security faces an uncertain future. Fewer companies offer pension plans; rather they