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LR advice
Old 08-18-2008, 04:26 PM   #1
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LR advice

This article starts out as an anti-ER piece, but once you get through that, the advice given is well thought out and helpful to both ERers and LRers (late retireers).

Quote:
The typical American retires at age 63. Those fortunate few who have traditional pensions, retiree health insurance, and a fully loaded 401(k) will probably be fine. But if you haven't saved enough to fund 30 years of retirement--and most baby boomers aren't even close--the obvious solution is working longer. (The other possible solution is to reduce your standard of living). But how much longer will boomers need to work to finance a secure retirement?
http://finance.yahoo.com/focus-retir...nt-preparation
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