(MoneyWatch) Earlier this year, we wrote about a study from Boston College’s Center for Retirement Research (CRR) that suggested a immeasurable infancy of households will be financially prepared to retire by age 70, and that roughly half of households could retire during age 65.
Not so fast, says a Employee Benefit Research Institute (EBRI). EBRI recently expelled a report that suggests that a lowest-paid quartile of workers will need to work until age 84 before a infancy would have a 50/50 possibility of success in retirement, and that a second-lowest paid quartile would need to work until age 81 to have a same odds. Those in higher-paid groups have a improved possibility of success: The top-paid quartile would need to work until age 65, and a second-best paid quartile
Read full article: http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/xdbz5EgLgoU/1
http://www.theusalinks.com/2012/09/06/do-you-need-to-delay-retirement-to-age-70-or-84/
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