Retiring in comfort is getting more and more difficult. The costs of retirement are spiraling while the income of the average American has flattened out or is declining. There are many retirement myths that are simply untrue. Following is the discussion of some retirement issues that all potential retirees should be aware of. How much will be … [Read more...]
Retirement Planning for Single Americans
Who prepares better for retirement, married couples or single individuals? The answer is married couples. More than 85% of married couples have saving plans related to their retirement. This compares with only 67% of single individuals who have established retirement savings programs. Retirement Planning Americans who have worked during the course … [Read more...]
Baby Boomers Afraid to Retire
Baby boomers are afraid to retire. There are 77 million baby boomers who were born between the years 1946 and 1964. This large group of Americans are getting ready to retire,but do they have the resources to retire. Twenty five percent of the baby boomers claim they will never retire! A large majority of the baby boomers look at social security as … [Read more...]
Retirement Planning Mistakes
Americans do not save enough money during the course of their working years to have the retirement life experience they have dreamed about. In a recent study by the Employment Benefit Research Institute, fifty-six percent of the workers interviewed stated that the total value of their household savings and investments, without including the equity … [Read more...]
