Comments on: You May Retire Sooner Than You Think

By: Neal

Neal — Thu, 07 May 2009 01:23:15 +0000

I’m doing my best to do so….yes.

By: MLR

MLR — Tue, 05 May 2009 23:24:53 +0000

That’s… quite scary, actually.

If anything, this means I may have to permanently readjust my thinking for financial planning. I guess it is always better to over save then under save, so no harm done

Neal, will you take this new found knowledge and apply it to your clients?

By: Neal

Neal — Tue, 05 May 2009 18:08:57 +0000

Baker, I never thought about this either….and that’s bad since I’m in the business! Nobody thinks about this yet if 70% PLUS have to retire sooner than they thought, it’s something we all have to take into account.

By: Neal

Neal — Tue, 05 May 2009 18:07:48 +0000

I apologize SJ. I got the data from Investor’s Business Daily and they got it from 2009 Retirement Confidence Survey. More than that, I can’t tell you.

By: SJ

SJ — Tue, 05 May 2009 15:51:07 +0000

That kind of sucks…

I am curious how you got the data; i.e. is it the same group of people or just natioanl avgs?

By: Baker @ ManVsDebt

Baker @ ManVsDebt — Tue, 05 May 2009 13:57:54 +0000

Wow great take on this topic. I’ve never really thought about it in this way. Hopefully, coming to terms with some of this data will help encourage people to take retirement more serious early on.

Who honestly thinks, I’ll probably have a health condition at 54 and have to leave work? It’s certainly a real possibility though. Keep up the great work!