This Could Be the Greatest Threat to Retirees' Financial Security

The stock market has been extremely volatile this year, and that may have some retirees worrying about their long-term financial prospects. Granted, seniors are often advised to maintain a more conservative investment mix than they did during their younger years. While poor stock market performance may seem like a huge risk to seniors -- perhaps the greatest risk they bear -- there's another more-pressing threat that could compromise their long-term financial security, according to recent research from the Center for Retirement Research at Boston College.