Today, most Americans -- young and old -- can't expect 20 years of leisure in retirement without a reduction in their standard of living. Our society -- government, employers, and individuals -- simply can't afford that.
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Do you provide financial support to your adult children? If so, does this mean you forsee yourself having to work later into life?
Retiring baby boomers are the culprits behind a significant decline in the labor force participation rate (LFPR) in the U.S. over the last dozen years...
As you stare at the smoking ruin of your 401(k), it's clear what you have to do to retire with dignity. Work a few more years. There's just one problem: When you retire isn't entirely up to you.
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