Researchers at the Stanford Center on Longevity went to great pains to analyze close to 300 retirement methods before coming up with the one proposed in the study. (Photo: iStock)
It's not what a lot of people want to hear, considering that the typical age for Americans to retire is at 63, but a new Stanford study proposes that the best retirement plan is for workers to stay on the job till age 70 and "pensionize" their defined contribution plan funds.
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