Can you believe this...that half of workers 55 and over have not calculated the amount they need to retire (read: have not seriously considered retirement)
Oh well, to each his own...
Playing catch-up with retirement savings
Smart moves in the 10 years before you quit working can better your odds of a cushy retirement.
June 16, 2005: 3:32 PM EDT
By Walter Updegrave, MONEY Magazine
NEW YORK (MONEY Magazine) - In an ideal world, we'd start planning and saving for retirement the day we land our first job, and we wouldn't let up until we grab the gold watch and exit the work force for good.
In the real world, life doesn't exactly turn out that way. More than half of workers age 55 and older haven't yet calculated how big a nest egg they'll need to retire comfortably, and over a third aren't saving any money toward that goal.