Sunday, September 05, 2010

Jane White: Work Until You're Dead? That May Be the Only Option for Many Americans

Jane White: Work Until You're Dead? That May Be the Only Option for Many Americans: "Many Americans are likely to have to work until they are dead, not as a result of Social Security shortfalls but because of their inadequate 401(k) savings or the fact that they have no retirement plan at all. This disaster has not dawned on the mutual fund companies that manage retirement assets, much less debated on Capitol Hill. Given that the first wave of Boomers is scheduled to turn 65 in 2011, Attention Must be Paid."
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Sounds about right. As Mr. T would say, I pity the fools that want our jobs after we retire.

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