The article in Business Week (May 15) nicely demonstrates the state of affairs for the Baby Boomers. Here is the link to the article:
In my opinion, while the article focuses on Baby Boomers, this has far reaching impact on other parts of the economy.
Rather than thinking about this generally, why not think about your own situation.Here are a few questions to ponder upon
1. When do you plan to retire?
2. How much money should you have to make this dream a reality?
3. How much money should you earn this year to reach the goal outlined in #2?
Don’t stop shying away from the question even when you know that the answers may not be pretty.
Have a great Friday.