Do you think you can “work till you drop”?
According to the Employee Benefit Research Institute most Americans expect to work to age 65 or older. But 40% of all retirees leave the workforce earlier than planned. (LINK)
What’s the price paid for this unrealistic expectation of working forever? Low savings rates. A poorly funded retirement and emotional stress.
If your financial advisor allows you to plan to work forever, he/she’s not doing you any favors. Find some discipline.
Mike Dayoub is a fee-only planner in Alpharetta/Milton. 770 361-3139 website
