12/10/2014 10:40 am ET Updated Dec 10, 2014

5 New Realities Of Retirement

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We no longer have our grandfather's retirement. Pensions are a distant memory for many of us. We all worry about the future of Social Security and the escalating cost of health care. Meanwhile, our life expectancies have increased, and we can look forward to a longer, healthier and more expensive old age.

But Americans are practical. We adjust our lives to deal with changing times. Here are some of the new realities of retirement and how Americans are coping with them.

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