Tuesday, March 16, 2010

Retirement Happiness Based on Money Will Be Elusive for Most Americans

If you get more worried about retirement the older you get, you are definitely not alone. A recent survey shows that Americans are increasingly ill-prepared for retirement.

Many workers plan to delay their career-end dates in order that they can save enough for a basic retirement portfolio.

Interestingly, the percentage of workers who said they have less than $10,000 in savings grew to 43 percent in 2010, from 39 percent in 2009, according to the Employee Benefit Research Institute’s annual Retirement Confidence Survey. That excludes the value of primary homes and defined-benefit pension plans.

More bad news: Workers who said they had less than $1,000 jumped to 27 percent from 20 percent in 2009.

The survey found that 54 percent of American workers with some form of retirement savings have less than $25,000 stowed away.

It looks like retired are going to have find their retirement happiness from things that don't cost money.

Stolen from my latest book Career Success Without a Real here are seven of the 37 Elements of Happiness That Money Can’t Buy:

    • Health • Longevity • Self-reliance • Personal creativity • Real Best Friends • Achievement • Satisfaction
To enhance your retirement happiness check out My Retirement Plan as well as the following Resources:

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