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The Growing Risk of Baby Boomers and Retirement Affordability- Part 5
Posted: 06.20.2011 at 4:08 PM Updated: 06.28.2011 at 11:00 AM
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Read more: Economy, Retirement, Planning for Retirement, Baby Boomers, Baby Boomers Retirement, Baby Boomers Retirement Plan, Financial Advice, Money Advice, Money Matters, Retirement Resources, David Boike, How to Plan for Retirement, How do i Plan for Retirement, How much Money should i Save for Retirement, 401K, Investing, How to Invest, Investments, Money Matters
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We are looking down the barrel of the most daunting retirement income challenges in history, that’s not only changing the way we save for retirement, but is also changing what we do in retirement. Even for those who believe they’ll be able to retire, 67% plan to do some sort of work for pay once they have retired from their career, with 35% saying they will do so in order to make ends meet. Retirement is no longer about traveling and vacations, but more like the survival of the fittest. Or the smartest. Prepare yourself for what is sure to be an unstable future.
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