Saturday, March 6, 2010

Boomers Can Not Afford To Retire.

According to CNN/MONEY, more people say they just don't have the money to retire these days.

Seventy-two percent of workers over the age of 60 can not afford to retire as indicated in a survey by, a career resources website. The results from the survey indicate more pessimism than in 2008, when about 60% of retirement-aged workers blamed the economy for delaying retirement.

Fear of retirement are higher with women. 76% of women said they were not financially secure enough to stop working, compared to 68% of men.

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