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30 Don’t Make Me Say I Told You So
economists from Wellesley College estimated that “378,000
workers will be pushed into retirement as a result of the weak
labor market – almost 50% more than will end up working
longer because of stock-market losses.” 5
Americans Over Age 55 Who Are Still Working
40% PLEASE REPLACE THIS CHART WITH CHART #121 - 39.2%
AMERICANS 65+ STILL WORKING - IT'S IN OUR SHARED
39.8%
30% DROPBOX FOLDER.
20%
Sept. 1993:
27.9%
0
1961 2018
Source: Bureau of Labor Statistics, 2018
Summary
► The average American is not financially prepared for
retirement.
► Even for those who will have enough to live on, very few
have an actual retirement income plan in place.
► Many people will be forced into retirement earlier than
they had expected.
Chapter 1: The New Retirement