People are scared. Embarrassed. Ashamed. They don't want to tell anyone. How could it be that everyone else but you seems to be on the right financial track heading into the retirement tunnel known as the post-work years?
Midlifers expect to work at least four years longer than they had originally planned after postponing retirement due to the recent economic downturn.
That's the major finding from a survey of CPA financial planners last week by the American Institute of Certified Public Accountants.
The survey was conducted in late January and discovered that 79 percent of CPA financial planners had at least one midlifer client who was delaying retirement due to the economy.
When asked how much longer they expected to work, the financial planners said:
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Chris Hodenfield is presently engaged in the toughest blood sport in America—finding a job in a post-recession marketplace overriden with fellow midlifers packing great resumes. Join him in his high adventures and travails....
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