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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: 1,169
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.
Age 55, retired July 1, 2012; DW is 59 and working for 4 more years. Current portfolio is 1950K split 50 stocks/20 bonds/30 cash. Renting house, no debts.
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