Pensions to 401(k)s: Why Retirement Isn’t What It Used to Be

“Well… It Depends!” explores financial decisions that can’t be answered with a simple yes or no. This week, hosts Andrew Baron, CFP®, EA, and Derek Doyle break down how retirement has evolved—from traditional pensions to today’s 401(k)-driven world—and what that shift means for your financial future. They discuss the key differences between defined benefit and defined contribution plans, why the responsibility for retirement has shifted to individuals, and how to make smarter decisions when it comes to saving, investing, and managing your retirement accounts. From contribution strategies and Roth vs. pre-tax decisions to Social Security timing and planning opportunities, they highlight the areas that can have the biggest impact over time. If you’re working, approaching retirement, or simply trying to better understand your options, this episode provides practical insights to help you navigate today’s retirement landscape. If you’d like to discuss your specific situation with one of our CFPs®, please email [email protected]. For the full transcript, click HERE