Sunday, January 13, 2013

So You Want To Retire? Five Disturbing Statistics About Retirement

To all Americans in their twenties, thirties, forties, or even fifties, naively looking forward to their retirement, we have two words: “good luck.”

One look at the flow chart below and we can’t help but wonder: just how many Americans actually follow the “plan” of what they should do to prepare for retirement. A million? Two? Less? And how soon before the government decides it knows what’s best for everyone in this particular touchy topic – because since the US welfare system is now hopelessly broken and unsustainable, then the retirement “option” for virtually everyone is a non-starter – and begins imposing behavioral mandates, not to mention taxes, to “steer” the population into the proper “avenues” and “channels”? Read more...


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