Can You Afford to Retire?

In a recent interview labor economist Teresa Ghilarducci stated: "Baby Boomers will be facing a very different kind of retirement life than their parents. The research shows that they might be able to keep the same amount of income relative to what they earned, so the middle class Baby Boomer may also maintain their middle class lifestyle into retirement. But there's one big difference. The only way the can do it is if they work. The only source of income to retirees ­-- and I understand the irony in what I'm just going to say--the only increasing source of income to retirees is from work."

To learn  more:
PBS Frontline: Can You Afford to Retire?
Will We Have to Work Forever?    (Alicia Munnell, et al Boston College Center for Retirement Research)

Mercer Report on Retirement Confidence (2007)

2007 Retirement Confidence Survey by EBRI, ASEC and Matthew Greenwald & Associates

Preparation for Retirement: The Haves and the Have Nots: An AARP Report (Nov. 2007)

Working After Retirement: The Gap Between Expectations and Reality (Pew Research Center, 2006)

Investment Without Education (reprinted from Employee Rights and Employment Policy Journal)

To build your retirement planning skills:

Path to Investing: features online tutorials and games to help you learn about investing for retirement

The Stock Market Game: a fun way to invest without losing your shirt!

Retirement and Every Other Possible Calculators!

Cómo ahorrar para su futuro- Spanish version

Are You Smarter than a 12th Grader?: Take this financial literacy test!