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Just 10 years ago, most Americans felt confident they’d hang up their hat by the time they turned 60. Now the average working stiff expects to retire at age 67 due to the housing crisis and credit crunch, among other nest egg busters….Experts are predicting that the trend will continue, thanks to the Great Recession so, for now, Americans are just focused on keeping their day jobs. When will you retire? Check out the graphic below to find out.
So say Jill Krasny and Zachry Floro (www.businessinsider.com) in edited excerpts from their original article* commenting on an infographic by Matthew Murphy from www.lemon.com.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.
They go on to say, in part:
The good news is there are benefits to delaying retirement. People will have more cash to retire on if they work longer, plus they will benefit from the boost in their Social Security benefits by taking them later.
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*http://www.businessinsider.com/infographic-when-will-you-retire-2012-7#ixzz20vQBMBcd and http://lemon.com/blog/infographic-2/when-will-you-retire/ (To access the above article please copy the URL and paste it into your browser.)
Editor’s Note: The above article may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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