“Retirement” is so regularly romanticized that it is difficult to separate perception from reality.
The reality is that financial planning for retirement is hard and many baby boomers are asking themselves, “Will I outlive my money?” rather than “Where am I playing golf today?”.
The baby boomers, with ~75 million people, are facing all sorts of challenges as they enter the retirement phase of their lives. The below infographic by Mason Finance sheds light on this reality in an effort to help people start asking the right questions.
Planning for retirement is a challenge for many and there should be an open conversation about how to succeed financially after leaving the workplace.