Pick This, Not That: Best Financial Products for Retirees

As we've pointed out recently, many Americans aren't making the right choices when it comes to being financially ready for retirement. A combination of misinformation and an unwillingness to confront sometimes difficult, expensive realities make it all too easy to just ignore our looming financial needs.

Unfortunately, those needs are likely to grow rather than go away, so we need to be ready and have a plan if our retirement years are to be economically comfortable. If you're at all confused about just how much you should be saving for retirement and which financial products for retirees will help you get there, read on to find out where Americans who are nearing or already in retirement should focus their resources -- and where they should skip.