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Article: Retirement Planning
- Article from:
- Encyclopedia of Aging
- Author:
CopyrightCOPYRIGHT 2002 The Gale Group Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RETIREMENT PLANNING
The vast majority of individuals and couples in the United States can look forward to their retirement
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that period later in life when they are no longer working full-time and are supported by financial resources accumulated during their working years. The average retirement age in the United States, based on data from the 1998 Survey of Consumer Finances, is 62.7 years. At this age, in 1998, life expectancy in retirement for an unmarried male was 16.4 years; while for an unmarried female life expectancy at this age was 19.8 years; and for a married couple it was 23.9 years. This means that the typical American needs to be able to fund spending needs for about ...
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Article: Greenspan's Call to Cut Social Security Underscores ...
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... ... 26, 2004 National Retirement Planning Coalition Chairperson ... regarding cutting future Social Security benefits, the National Retirement Planning Coalition (NRPC) today ... Chairman discussing cuts in Social Security benefits, it is more ...
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