Only 25% Intend to Retire at Retirement Age

Every two years Gallup does a survey and asks working age adults if they intend to retire once they reach “full retirement age”. This is the age set by the Social Security department for when you qualify for retirement benefits. In years past this was 65 years old, but in an effort to salvage the Social Security system they extended the age. If you were born in 1937 or earlier full retirement age is still 65 but if you were born in 1960 or later full retirement age is 67. And in between, full retirement age gradually increases from 65 to 67. See the Social Security Administration’s Benefit By Year Of Birth chart.

Protect Yourself Against Retirement Fraud

People who retire have worked many years to earn what they have. Retirement accounts such as pensions, 401Ks and IRAs are carefully funded and managed over the employee’s working life to ensure there will be enough money in them to provide for the person’s retirement. Unfortunately, there are many people out in the world whose goal is […]

Kick Your Debt to the Curb before Retirement

By Stewart Smith We all desire to spend our post retirement days in ease, pleasure and enjoyment. However, to do this you need to retire with enough money to cover your daily retirement expenses and any emergencies that arise. You also should not have any more debt left to take care of in the post […]