Many Forced to Retire Early
The reality "is quite sobering," said David Hunt, a senior partner at McKinsey. "Our research clearly shows that many people — and more than a few public policymakers — who are betting on simply working longer to compensate for a lack of current savings are setting themselves up for a rude awakening and a significantly poorer standard of living in retirement than they had expected."
Ask Rolf Marsh. The computer programmer was 60 when he got a surprise tap on the shoulder from IBM Corp.
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posted by C E Fullinfaw @ 2:26 PM
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