The Clock
is Ticking: Retirement Planning Later in
Your Career
By Joseph Kenny
Are
you ready for retirement? Sure, you're
mentally prepared to leave the everyday rat
race, to throw your alarm clock in the
garbage, and to spend your days doing
whatever you so please. The question is: are
you ready financially? If you're like most
Baby Boomers, the answer is probably "no".
A recent study by the Employee Benefits
Research Institute showed that over 50
percent of workers ages 45 to 54 have less
than $50,000 saved for retirement. The
Center for Retirement Research (CRR) at
Boston College completed a study that showed
nearly 54 percent of low income Baby Boomers
born between 1955 and 1964 are at risk for
missing their retirement savings goal.
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3 Reasons Why
Financial Planning and Retirement Planning
Is Important
By Alvin Huang
The future is always uncertain, especially
in today's global climate which spells
uncertainty wherever you turn. Just look at
the credit crunch crisis and you will know
what I am talking about. Because people were
not prepared for a turbulent future, many
have suffered the consequences. This is the
same for your finances and especially your
retirement; where you want to have the
security and financial comfort and not worry
about anything else and have a good plan
that will withstand the toughest of times.
This article will spell out 3 reasons why
financial planning and retirement planning
is important.
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