A Third of Adults Age 50 and Over Aren't Prepared for Retirement
Retirement can be one of the happiest stages of your life, but it can also be one of the most stressful if you're not prepared for it.
Nearly a third of adults age 50 and over admit they're not prepared for retirement, according to a poll from the Associated Press-NORC Center for Public Affairs Research. In addition, another 39% of older adults say they're only somewhat prepared for retirement, and just 29% feel very prepared. In other words, the vast majority of older workers aren't doing enough to adequately ready themselves for their golden years.
If you aren't prepared for retirement, the sooner you make adjustments to start catching up, the better. Wait too long and it may be nearly impossible to save as much as you need. The first step to catching up is to figure out whether you're on track for retirement, and if not, what you need to do to get back on the right path.
Quelle Fool.com
