Report on Retirement Statistics

An increase in the stock markets and the rapid increase in the value of the property, adding to the general prosperity retirement statistics, mask the fact that for many baby boomers now turning 50, his eminent retirement may not be a pretty picture retirement statistics.

During the next 20 years retirement statistics, 76 million Americans born between 1946 and 1964 to reach half a century retirement statistics. For most, this means dealing with difficult questions about how, or even if, they will be able to afford retirement retirement savings statistics.

retirement savings statistics With pension plans and fat now ancient history, and social security is rapidly becoming an uncertainty retirement statistics, the way of life of retirement more golf, fishing and travel. In fact, the lifestyle of retirement may, for some, to be "Cat Food ... No Caviar."

The latest census figures show that only one in ten Americans today is financially prepared to retire when they reach 65 Here are some other facts about retirement compiled from various sources retirement statistics.

retirement statistics Forty-seven percent of American households are not covered by any particular plan or defined contribution (The WEFT Group). Twenty-five percent of employees who are eligible for 401 (k) does not contribute retirement savings statistics (an estimate of Buck Consultants).

retirement statistics At the end of World War II, there were 42 workers paying Social Security for every person receiving benefits retirement savings statistics. Today, just three people contribute for each recipient. It is projected that by 2030, when most of the baby boomers have retired, only two people working to help each person receiving benefits (Trust Fund Report of the Social Security Administration, 1992).

Social Security benefits will replace only 16% of the income of married couples earning $ 50,000 to $ 100,000 and only 9.5% of the income of married couples earning $ 100,000 and only 9.5% of income of married couples earning $ 100,000-plus (Office of Research and Economic Analysis, Pension and Welfare Administration).

Sixty-nine percent of American adults 25 to 44 years plans to retire in the "traditional" sense of pension expenditure at leisure retirement statistics. But reality hits home, as close to retirement, 63% of 45 to 54 expectant leisure retirement retirement savings statistics, and only 49% of those 55 and older say the same retirement statistics (Eaten Insurance and Annuities Co.).

retirement income statistics People who work tend to think that their lifestyle in retirement will be better than your current lifestyle retirement statistics, but retirees say their standard of living has declined retirement income statistics. Example :. Twenty-six percent of workers say they are "just to make ends meet," but only 16% think they are going to live that way Retired retired, 20% are "just attach ends meet" while the 16% described their lifestyle early retirement in this way (Employee Benefit Research Institute).

retirement statistics An index retirement savings of baby boomers retirement income statistics, published annually by Merrill Lynch shows that as of November 94 retirement statistics, the baby boomers have saved 38.2% of what they need to maintain the level of growth-adjusted life retired . The index is virtually unchanged over the three years retirement savings statistics, the index has been published (Merrill Lynch Strategic Planning).

The above thumbnails are not a good read for those who will soon be 50 At least retirement savings statistics, this information should serve as a wake up call for many of you who need to get serious about retirement planning retirement statistics.