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When retirement takes you by surprise
Old 09-16-2010, 01:38 PM   #1
Thinks s/he gets paid by the post
Join Date: Jun 2010
Location: France
Posts: 1,313
When retirement takes you by surprise

Interesting article from the BBC on older unemployed Americans.

... financial counsellors are increasingly seeing people retiring with $60-$70,000 in non-mortgage related debt.

In a 2010 survey by the Transamerica Center for Retirement Studies, only 7% of full-time workers said they were very confident that they will retire with a lifestyle they consider comfortable.
Born 11/1960, retired June 30, 2012; DW born 07/1957, retires on July 31, 2019. Current portfolio is 2000K Euros, split 40 stocks/20 bonds/20 RE/20 cash. Renting house, no debts.
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