From a SB article:
 Quote:
A recent study at the Center for Retirement Research at Boston College found that individuals in their 50s were likely to experience one or more shocks that could dramatically reduce their retirement security.
Worse, it was more likely that you would experience one of these shocks than not. The study found there was a 69 percent chance that between age 51 and age 61, an individual would experience at least one of these events:
• A major medical condition (41.3 percent).
• A health-related work limitation (33.7 percent).
• Severe disability (6.9 percent).
• Enter a nursing home (3.4 percent).
• Be laid off from job (18.7 percent).
• Be divorced (2.3 percent).
• Be widowed (7.3 percent).
The percentages for each event, by the way, add to more than 69 percent because some individuals experienced more than one of the events. When it rains, it pours.
Only three people in 10 get through their 50s unscathed.
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Makes SWR seem like a mute point.
http://tinyurl.com/gy45n
(reduced size of URL)
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FIRE'd since 2005
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