Sunday, June 21, 2009

Retirement News about Retirement Planning for Boomers

Baby Boomers, born from 1946 to 1964, are planning to work longer, save more money and spend less, to reach any semblance of the retirement they once envisioned.

According to AARP:

  • 35 percent of those ages 45 to 54 have stopped putting money into their 401(k), IRA or other retirement accounts.

  • 25 percent said they have prematurely withdrawn funds from their retirement accounts.

  • 56 percent have postponed a major purchase.

  • 24 percent have postponed plans to retire.
"Today, I see myself working until I drop," says Kyril Wickenberg, 59, of Savannah, Ga.

Here are some recent headlines about retirement planning:

Here are two retirement quotes:

    Life begins when the kids move out and the cat gets run over.
    — Author Unknown

    An inordinate passion for pleasure is the secret of remaining young.
    — Oscar Wilde
See Best Retirement Poems to Help You Retire Happy, Wild, and Free.

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