TIME TO RETIRE. CAN YOU DO IT?
According to a recent survey, 52 percent of the oldest baby boomers have already retired. They have left work behind and begun the next chapter of their lives. But that number also means that almost half of people who are turning 67 this year are still working. And among those who retired, 54 percent did so earlier than they originally planned to, mainly due to health issues and job loss.
Among the baby boomers who are still working, only 39 percent believe they will be able to retire as originally planned. Working boomers have increased their planned retirement age to an average of 71 in 2012, up from 66 in 2008. So, while 65 was a generally accepted target retirement age for earlier generations, you might say that 71 is the new 65 for the eldest baby boomers.
Time to retire? Do you know if you could retire any time you wish? or, Do you think you will have to do so around your 71st birthday? or, Do you believe you will have to work till you drop?
Confront this reality now! Grab the bull by the horns, don't let fear control your life.
Call me for a down to earth FREE consultation about your financial possibilities,
Jesse Alvarado
(562)822-5565
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