Is the 401(k) failing the very retirees it was meant to support? Suzanne Porske and her Tax Partner Rachelle Harp examine why traditional strategies like the 60/40 portfolio and heavy bond allocations may fall short in today’s environment. She highlights the importance of shifting from accumulation to distribution, building income plans, managing tax exposure, and understanding Medicare costs. Real-life scenarios reveal how overlooked details—from unused annuity fees to coverage gaps—can create ripple effects on retirement outcomes. The conversation centers on education, proactive planning, and aligning financial decisions with real-life needs as retirement approaches.