Quote Of The Week: “Planning To Work Longer Is A Mistake”

workers

Planning on working longer to catch up on retirement savings? Easier said than done.

“One of the biggest retirement-planning mistakes a lot of investors are making is assuming they will be able to continue working well beyond normal retirement age. It might provide some peace of mind now, but the reality is 50% of retirees have to retire early, usually for health reasons.”

Jeff Benjamin, “As retirement-savings plans go, planning to work longer is a mistake,” March 28, 2016, Investment News

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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