Friday, February 20, 2015
Working Longer as Jobs Contract
from the New York Times
In recent years, many retirement experts have been giving the same unwelcome advice:
American workers who are not as rich as Warren Buffet should retire three or so years
later than they had planned — to ensure that they have a large enough nest egg.
A recent AARP survey found that the economic slump has been badly squeezing the
nation’s 78 million baby boomers, those born between 1946 and 1964. In the survey,
20 percent of boomers said they had stopped contributing to retirement plans, 34 percent
said they were thinking of delaying retirement and 27 percent acknowledged problems
paying rent and mortgages.
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