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The Unintentional “Forever Career”
“Retirement savings, or lack thereof, represent a crisis for many Americans.” That’s a quote from an article by WFAA-TV’s Jason Wheeler posted on on www.wfaa.com. His article, supported by a video presentation describing the financial crisis facing many retirees–current and future–covers the reality faced by many where accumulated wealth will not be sufficient to support a desired lifestyle in retirement. The solution for many, unfortunately, seems to be remaining in the workforce as long as possible to supplement income and make ends meet. Here’s another excerpt from the article that helps put the situation in perspective, ““I heard somebody say once that they are going to be working right up until lunchtime the day of their funeral,” he said. “I think that is what I am going to wind up doing. I really believe that. I don’t think I will have enough finances to be able to retire.” Sad, but unfortunately realistic for many. Read Wheeler’s post here…
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