Fewer Than 4 in 10 Retirees Followed the Standard Path to Retirement
What do you envision your retirement process looking like? Traditionally, people worked at a steady job for a long time, sometimes even earning a pension, and then left the workforce for retirement when they were ready. But this type of traditional path to retirement has become very uncommon.
In fact, not only are pensions few and far between today, people also tend to change jobs much more often. And retiring directly from a full-time job has become pretty rare, with data from the National Bureau of Economic Research showing that just 37% of all workers took this route to retirement. The rest took other paths, most often switching to part-time work before finally giving up a job for good.
If you're one of the millions of Americans who are carving out your own road to retirement, here are a few tips.
Source Fool.com
