Monday, September 22, 2008

Baby Boomers Delay Retirement

Wage slaves thinking of early retirement are thinking again, says The Wall Street Journal.

Are those now about to retire really worse off than those who retired at the end of 1999? Many of those retirees started living high on the hog, believing the dot.com bubble would never burst.

Actually, few potential retirees are affected by the volatility of the stock and bond markets. Most will "retire" by drawing Social Security and working part-time. Less than a quarter of workers age 55 and older have put aside as much as $250,000.

1 comment:

Anonymous said...

After x-amount of years of working, you look forward to retirement, not to getting a full-time job just so you can survive everyday life. It's really a shame that so many baby boomers are delaying their retirement these days.

However, when they're finally ready to enjoy those golden years (or even before they're ready), there's one company who will be by their side for the ride!

AARP is a great source of services and information that can be beneficial to the quality of life. What's great about AARP is that a membership comes with prescription and travel discounts!

AARP has teamed up with talk show host, Cristina Saralegui and made a fun, customizable video and you're just a click away from being the next guest on Amigos Live! Check out http://www.upclosewithcristina.com/video to learn more and make your own video!

Also, you can enter to win an all inclusive trip for 2 to Miami while you're checking out the site! (And even if you don't win, there's still those great travel discounts that come with the membership!)

Definitely check out AARP for yourself or a loved one. There are really are some great benefits to joining!

I hope it's alright that I commented on your blog -- wanted to let you know about the fun video with Cristina and AARP's great benefits. If you have any further questions, please don't hesitate to email me.

Thanks!
Isabella Coldivar
AARP Ambassador
isabellaAARP@gmail.com