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Re: STUDY: Most Americans 'won't be able to retire until their 80s'...

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 10 Jun 11 5:51 PM | 43 view(s)
Boardmark this board | De's Test Board 		Msg. 33361 of 45644
(This msg. is a reply to 33358 by Decomposed)
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Great plan by the gumpies. Raise the age to retire, and with the way we have been poisoned, most will be dead by that age, and gumpies get off paying any retirement, we payed into all our lives.......Sounds about right!




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
STUDY: Most Americans 'won't be able to retire until their 80s'...
By: Decomposed in ROUND
Fri, 10 Jun 11 5:44 PM 		Msg. 33358 of 45644

Robert Powell Archives

June 9, 2011, 12:01 a.m. EDT

Many of us won’t be able to retire until our 80s
You’ll probably have to work much longer than you anticipated

By Robert Powell, MarketWatch


BOSTON (MarketWatch) -- We all think it’s a panacea. If you don’t have enough money saved for retirement, you’ve got a few ways to close the gap between what you have and what you need in your nest egg: Save more, invest more aggressively, and/or work longer.

Well, it turns out that working longer is indeed an option, according to the Employee Benefit Research Institute latest study. The only problem is that the latest research shows that you’ll have to work much longer than you anticipated. In fact, many Americans will have to keep on working well into their 70s and 80s to afford retirement, according to the study, titled “The Impact of Deferring Retirement Age on Retirement Income Adequacy.”


Full story: http://www.marketwatch.com/story/many-of-us-wont-be-able-to-retire-until-our-80s-2011-06-09

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