No Retirement in Sight for Many Workers with Financial Woes

By Heather Taylor0 Comments

Have you considered toiling at a job for the rest of your life? More than one-third of American workers plan to never leave the workforce, according to the 2011 Risks and Process of Retirement Survey Report, outlined in a article.

Of course, it’s not uncommon to see workers who have “retired” from their longtime jobs go back to work to retirement planningkeep themselves busy or active in their golden years. Where the statistics get troubling, however, are the ones that show a significant portion – 45 percent – of workers that never intend to hang it up say it’s because of money-related worries.

For those who do plan to retire, the report noted a discrepancy between expected retirement age and how old the workers actually were when they retired. The Society of Actuaries noted that the cause of retirement coming earlier than expected for many Americans could be due to health issues and involuntary retirement.

In those cases, a retiree’s nest egg might not be what he or she had anticipated. It’s never too early – or late – to begin thinking about diversifying investments to accumulate wealth. Click here for details on getting started with a self-directed IRA.

To learn about a vast range of self-directed investment options and strategies and to share nest-egg-building ideas, attend the Equity University Networking Conference, September 28-30 in Orlando. Get more information and register now.