As Baby Boomers approach retirement, many have unrealistic plans to work until age 70, unaware that health issues or job loss may force them to retire sooner. Several Baby Boomers also overestimate Social Security benefits, believing they will receive more than they realistically can. With many nearing retirement age lacking adequate savings, they are at risk of experiencing financial hardship in their later years, exacerbated by their retirement planning miscalculations.
Many Baby Boomers believe they can continue working until 70, but reality might force them into retirement sooner, creating financial issues.
Retirement for Baby Boomers is increasingly becoming a financial burden due to unrealistic work expectations and insufficient savings to sustain their lives post-employment.
Collection
[
|
...
]