New Retirement Realities

Ken Dychtwald has started a 3 part series in the Huffington Post on the key findings from a study he has undertaken on how people are now thinking about and approaching retirement.

In Part 1 he discusses the “Retirement Wildcard”

“Overall, the study revealed that Americans have a great deal of hopefulness about their retirement prospects. They view the “longevity bonus” as a chance to explore new options, pursue old dreams, and live life to the fullest.”

“There is a great deal more thoughtfulness–and anxiety–regarding what they may and may not be able to achieve and afford in this stage of their lives.”

“When we asked Americans who are 45 and older, “What are your biggest worries about living a long life?” pre-retirees and retirees responded in no uncertain terms that (1) the prospect of serious health problems tops the list, followed by (2) not being a burden on one’s family and (3) running out of money.”

Very worthwhile article that can be read here

The full research report is also available here

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