Even though Wall Street and the financial press have been harping for decades on the retirement savings crisis, this article provides some additional perspectives.
Questions:
1. According to the Manpower Group, what percentage of millennials plan to work until they die (as their solution to retirement)?
2. Why do so many millennials have such a negative view of retirement?
3. According to Transamerica, what percentage of retirees quit work sooner than expected and what are the reasons for this?
4. What would you advise a friend of yours to do at your age in order to plan for retirement?
Source:
Kadlec, D. (2017). Retirement Planning: Working ‘Til You Die Is a Lousy Financial Plan. CNN.com, Jan. 12 (Retrievable online at http://time.com/money/4631542/working-forever-is-lousy-retirement-plan/)
