Scared of running out of money in retirement? A 'personal pension' could be for you

Planning young: a retirement roadmap

Planning young: a retirement roadmap

It’s the rare American who has worked for one employer for 40 years and will retire with a fully-funded pension.

Company pensions are quickly receding from the retirement landscape. In 1998, 50% of Fortune 500 companies were offering traditional pensions. By 2015 less than 5% were, according to a report from Willis Towers Watson.