Monday, August 14, 2006

 

Delaying a Bit Can Make Retirement Easier

When workers hear they will have to stay on the job longer than today's retirees, many imagine populating a cubicle into their 80s or 90s.

But some retirement specialists say workers really may only need to put in an extra couple of years.

The typical retirement age is 63 for men and 62 for women. Continuing to work until 65 can make a big difference in the standard of living of future retirees, said Alicia Munnell, director for the Center for Retirement Research at Boston College.

Delaying a Bit Can Make Retirement Easier
Source: Hartford Courant

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