Conflicting Reports Regarding Retirement

Hi:

You probably read them all the time.  I just received two reports this morning, one very negative saying boomers will not have enough money to retire.  Boomers are unrealistic as to the amount of money they need, says the report, and will need to keep working for several more years.

Another report paints a different picture, saying boomers are optimistic about retiring.  Thirty-four hundred were interviewed, and most are looking forward to their freetirement.

Who is correct?  Well, as you know, it depends on your point of view.  One thing I know is that baby-boomers do have perspective about all the hype.  We lived before in much simpler times. I, for one, am perfectly willing to do without all the consumer spending that eats up much of the disposable income.  I have more faith than the first lot that people can sort out their priorities and arrange their lives for maximum happiness.  If they can not live in their hyper-expensive city, they will move.  If they want a simple lifestyle they will design it.

Mahara