I
just came across this great infographic that Bloomberg posted today (click here for larger view):
Millions
of baby boomers, individuals born between the years 1946 to 1964 (now ages 49
to 67 years old) can’t afford to stop working because they haven’t come close
to saving enough for retirement.
The
facts are sobering, especially this one: the typical
household facing retirement will rely
on Social Security for 70% of their retirement income.
Bloomberg has also posted an article about a 77 year old man whose lack of proper retirement
planning has forced him to continue working two jobs well past the average retirement age, just to scrape by.
Have
you started thinking about retirement yet?
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