In this podcast episode, the conversation explores how increasing life expectancies are reshaping retirement planning, highlighting the urgent need for individuals and financial services to adapt. Experts Betsy Graseck and Bruce Hamilton share valuable insights on the shift from focusing on asset accumulation to decumulation strategies. They discuss significant revenue opportunities in the financial services industry and the innovative collaborations emerging between asset managers and insurers. By prioritizing personalized solutions and harnessing technology, the financial sector can meet the needs of an aging population, ultimately transforming retirement income management.