By Zach Barton

A recent study revealed that 79 percent of Americans plan to continue working once they’re “retired.”¹

Why do so many expect to postpone a typical, leisure-filled retirement? One theory points to the decline of pensions and the need to replace the income stream that used to come—guaranteed—from a past employer.

Today, only 48 percent of private sector employers offer defined contribution or traditional defined benefit pension plans.²

And traditional defi...