Retirement and Recession, Where Do You Stand?

Millions of people spend years planning for retirement. Many invested their income into stocks expecting investment returns of at least 8% and others expected their homes to have appreciated in value by 10% each year. Their expectations have been shaken to the core during this recession and long periods of economic uncertainty.

Because a large portion of people nearing retirement are not going to have as much to retire on as they initially thought, many are facing some serious questions that must be answered: How much more will I have to save?… [Read more]