| Baby boomer retirement is upon us. The 76 million | | | | 4) Counting on an inheritance? Your folks are in the |
| Americans born between 1946 and 1964 are reaching | | | | same boat you are...poor returns on savings and the |
| normal retirement age in 2011. I was born in 1945 and | | | | stock market affect them the same as you |
| have been retired for 16 years...it does not look rosy | | | | The cumulative effect on baby boomers wanting to |
| for the baby boomers wanting to retire. Why? Four | | | | retire is depressing. If not postponing retirement, or |
| major reasons: | | | | giving up altogether, 72% percent say they will be |
| 1) Social Security and Medicare...both are in financial | | | | forced to work in retirement. That many retirees |
| trouble...right when baby boomers are | | | | working will strain the available jobs in the popular |
| retiring...something has to give...taking 500 billion out of | | | | retirement states. |
| Medicare will not help...many doctors are opting out of | | | | The roadblocks to boomer retirement are real but |
| Medicare due to reduced payments to doctors | | | | there is hope. Many retirees will be expanding their |
| 2) Poor investment outlook...the stock market used to | | | | retirement horizons, they include: |
| yield a reliable 7 to 10% a year...not anymore...put your | | | | A) Downsizing...smaller homes cost less |
| money in savings...current interest rates on savings are | | | | B) Retiring overseas...the cost of living is less |
| less than 1%...no wonder 52% of all boomers have less | | | | expensive than the US |
| than $25,000 in savings | | | | C) Alternative retirement lifestyles...RVing, living on a |
| 3) The real estate mess...once upon a time folks could | | | | sailboat, all fun ways to retire |
| depend on home values going up and the equity used | | | | D) Retire online...the virtual retirement lifestyle will appeal |
| to buy an RV or cabin in the woods...In Nevada | | | | to many. |
| currently 80% of home owners owe more than their | | | | Being retired for 16 years we have experienced all the |
| house is worth...many walk away from their mortgage. | | | | above let us show you how to enjoy retirement. |