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Retirement meets Recession - Don’t Delay!

January 24th, 2008 · No Comments

I had written an article, “Retire Now or Never”, telling Americans that they should retire “now” and not wait for a recession. How they were far wealthier, than they assumed, and that they should take advantage and retire. That article was written before the housing collapse, the stock market collapse, and now the imminent recession.

Now that the recession is here, the first inclination for many Americans, is to delay their retirements. In doing some research on the subject of retirement and recession, I came across a press release from Intuit inc. issued during the previous recession - back in 2002. The press release, announced the results of a survey the company conducted, and was titled “Recession delays retirement for 1.9 million households.” It stated “the highest number (25%) reported that they will have to work an extra five to seven years in order to retire comfortably.”

It’s not necessary. You don’t need to delay your retirement due to recession. Your net worth may have shrunk a bit, but using the Green Retirement method, you can still retire comfortably and early. In fact, you may find that at the end of the recession, you’re in the same exact situation - even with continued contributions to your retirement funds. Don’t let a recession delay your retirement - get a plan.

Learn more about Green Retirement Planning - And find out how you can save your retirement and the planet!

Tags: Retirement Planning

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