5 Ways to Keep Retiring in 5 Years

To say Americans are feeling lousy about their retirement prospects is a huge understatement. They're feeling downright hopeless. Only 13 percent of adults over 25 are certain they'll be able to live comfortably in their later years, according to a recent survey by the Employee Benefit Research Institute. That's the lowest level of confidence reported since the annual survey began in 1993. And who can blame these dejected retirement savers? The majority of would-be retirees have watched their nest eggs crumble in the market's undoing, and few have the cushion of a traditional pension. Even if stocks return to their prerecession highs in the near future--and that's a big if--traditional retirement will still be tough. That's because would-be retirees are also facing the threats of rising inflation, ballooning healthcare costs, the possibility of outliving their money, and the prospect of another big market drop. Here are some ways to prepare for these challenges: Read More....

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