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Is a 401(k) with a monthly check the future of retirement savings?

BlackRock and others plotting the future of retirement funds. BlackRock and other financial companies are trying out a new type of 401(k) that will include a monthly check. With a looming retirement crisis due to an aging population, many are looking for ways to secure their future without relying on social security.

Jill Schlesinger, host of “Jill On Money” and a CBS News business analyst, joins host Scott Tong for more.

This article was originally published on WBUR.org.

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