Kim Blanton writing on the Squared Away retirement blog notes that the problem of retirees’ reluctance to spend affects the rich, middle-class and poor alike. This podcast (5:05) argues that the root of the so-called retirement-savings puzzle is a fundamental economic insecurity. Advisors’ job is to provide that security. We discuss the academic solution – annuities – as well as other approaches. Learn more about your ad choices. Visit megaphone.fm/adchoices