published Nov 1st 2016, 5:00 am, by Suzanne Woolley (Bloomberg) — If you’re relying blindly on hallowed personal finance averages—planning for 40 years of work, saving 15 percent of salary—you could be in for a rocky retirement. Retirement advice is made to be tailored to our needs and the times.

©2016 Bloomberg News O0SNHU6KLVRD (Bloomberg) — The rich are increasingly outliving the poor, meaning policies aimed at delaying retirement could disproportionately hurt low socioeconomic status workers, new research shows. Using level of educational attainment as a proxy for socioeconomic status, Boston College’s Center for Retirement Research found a 2.5 percent and 1.2 percent improvement in