Retirement

Retirement is the number one accounting concern in our nation today. It

poses a great danger in the adult life with not having enough money saved up. Retirement

is suppose to be the time in a persons life when they can reflect on their own life and

cherish the last of it that they have. The expense of it is very high and with the inflation

of today it makes it difficult for people to retire and live comfortably with it. And

therefore some people that are of the age of being retired are working just to make a

living. This age most people just cant afford to stop working and just relax for a little

while before they die off. And a lot of people that did do this were forced to stop working

because of illness and or being to fragile.

Most of those who did were forced to stop working due to frailty or illness; it wasn't a matter of choice. That's still the case for much of the world. However, the odds are very good that this is not the case for you. Someone with a connection to the Internet is likely to be someone who can consider retirement long before they die. What many of us do not yet understand, but the next generation will, is that we are setting ourselves up for a personal disaster. We are living in today's world, but too many of us are planning for yesterday's retirement. If you're between 35 and 75, you are guinea pigs without knowing it. Let me explain.

I'm 56 years old. When I was growing up as a teenager, it was common for men to die in their late 60's and women in their early 70's. Anyone who made it to 80 was considered exceptional, 90 was awe-inspiring. That was then, this is now.

Here's just one of many statistics I could mention. Right now, the US Census Bureau reports that 26% of the people who are 65 today can expect to live to 90. A similar situation is true of other "wealthy" nations; in some the percentage is already higher. That's a warning in itself, but there's a problem with it. It assumes that there will be no major medical breakthroughs in coming years that increase longevity. These essays have to be short, but here are just a few thoughts to consider before you decide to retire "early".

1) Medical science is not standing still, it's moving faster than ever. And it will affect you directly. In the US alone, there is a huge "baby boom"; people born following the end of World War 2 through 1964. The oldest turns 55 in 2001. Folks, it's a simple matter of economics. As this generation ages, private enterprise will focus more and more on ageing.

That's where tomorrow's