A review of the options available for sound planning towards the retirement age.
Written in 2002; 1,868 words; 3 sources; MLA; $ 59.95
Paper Summary:
This paper explores different strategies for developing a financial and retirement plan. The paper takes into account the realities of today's economy, worker career mobility and phased retirement. Tradeoffs between working longer before retirement, aggressive investing and the role real estate play in an investment portfolio will be highlighted.
Contents:
Financial Planning ? Working Toward the Future
Retirement Planning
401(k)
Traditional IRAs
Simplified Employee Pension
Savings Incentive Match Plan
Portfolios Need Real Estate
From the Paper:
"There are 76 million Americans who were born between the years 1946 and 1964, they are the so-called baby-boom generation. Fifty-five million Americans are age 55 and older, according to data from the U.S. Census Bureau. Within that number, there are 35 million who are 65 and older, and by 2030 that amount will double to 70 million. Surprisingly the fastest-growing segment of senior citizens is of those who are 85 years old or older."
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