severe downturns in the markets, Savings and Loans in
deep trouble, Home Mortgages failing in mass, Banks
having their own meltdown, Insurance companies in
deep trouble, the auto industry needing bailouts, cities
who can pay their own debts or expenses, and the flow
of cash out of the United States or rapid rise in interest
rates or government spending without the cash on hand.
If any of this happens you may need a Plan B to survive.
86% of Americans can't answer the basic money question about retirement.
Retire young, and you're starting those free-spending years early. At the same time,
crafting an income is trickier. Not only can't you take Social Security until age 62,
you'll lock in a higher payment if you wait until full retirement age to claim (67 for
those born in 1960 or later).
A retirement savings account is a type of retirement plan account that is envisioned
to replace all three different types of individual retirement accounts that are
currently used in the United States: traditional IRA, Roth IRA and Simple IRA.
Contributions would be made on an after-tax basis.
Plan for Your Retirement | Social Security Administration
A secure, comfortable retirement is every worker's dream. And now because we're
living longer, healthier lives, we can expect to spend more time in retirement than
our parents and grandparents did. Achieving the dream of a secure, comfortable
retirement is much easier when you plan your finances.
Top 10 Ways to Prepare for Retirement | US Department of Labor
A brochure from The Employee Benefits Security Administration of the US
Department of Labor.
New Rules for Early Retirement | Money
Older Workers Don't Want to Retire, May consider Other Industries
| Challenger, Gray & Christmas
Retirement Articles | Money
The Best Places to Retire  | Forbes, William P Barrett