Life in retirement, which once conjured images of golf and sunsets at the beach, took on a drearier edge in recent years as more people realize they are unprepared financially to stop working.
The Washington Post has called it “the new reality of old age” and quoted one 74-year-old man saying he will need to work until he dies. For those who have retired, a Fidelity study found that 55 percent are at risk of running out of money before their lives end. Think of this statistic—more than ½ of those surveyed aren’t prepared. Are you?
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