Looking to Retire at 65 or Later? You May Need a Backup Plan.
Retirement is the most expensive financial goal most people ever have. It takes decades to achieve, even with an above-average income. So it makes sense that most people plan to remain in the workforce at least until their mid 60s.
But sometimes life has other plans. Roughly half of seniors actually retire at 61 or earlier, according to The Motley Fool's research on average retirement savings. And while that might seem like a good thing, it's actually a stressful experience for many.
Here's why -- and how you can avoid these challenges yourself.
Source Fool.com
