Retirement Plans Left High & Dry | A couple redefines what it means to be wealthy

Linda and Jim were living large with millions in real estate equity, thinking it’d be smooth sailing towards retirement …until the recession took the wind out of their sails. After the crash of 2008, they were at sea, with no stock, no property and an empty savings account. A decade or so later, the couple is living on a 44-foot sailboat with zero cash reserves and zero retirement plans. Zach Ciampa, a Financial Planner at John Hancock, weighs in on the changing retirement landscape, gives advice for people starting fresh financially, and outlines the benefits of getting professional financial help.