MFS Retirement Survey Key Findings

Unexpected health costs and inflation are now top concerns for pre-retirees and retirees alike. And in line with these concerns, pre-retirees and even retirees are now expected to work longer and in most cases well into their retirement years.

This presents a new new shift on how people view their retirements. And the following article should interest those who are nearing retirement or planning to retire soon as it discusses the findings of the above survey. So enjoy.

Poll Shows One in Three Adults Do Not Have a Financial Plan for Retirement.

All throughout this blog and also in my main website on retirement, I've always stressed the importance of having a retirement plan before you retire, so that you'll be able to plan the kind of lifestyle you'd want to have when you eventually retire. Having a plan will make you better prepared or equipped for the task. Indeed, there's wisdom in the often quoted phrase: "When you fail to plan you are planning to fail." You can read my article on Financial Planning For Retirement here.

So it really touches me when I read the following report that one in three adults do not have a financial plan for retirement. You can read the whole report below...