Retire later? New study says many actually leave sooner

Work longer before retirement? Don't there need to be jobs left to work in?? Unfortunately, there still seems to be a bias against older workers as far as who gets the axe in lay-offs.

A rather large bias for workers over 50. Train your H1B replacements then kiss your pension goodbye.

The BIG problem is not how long one works - it is how much they have when they do. If a Financial Advisor (or 401k provider) takes just 1.5% fee on a yearly basis, the client's portfolio will have paid around 30% of its TOTAL ENDING value in fees!!!

If the advisor adds enough value to the portfolio then there is no problem. If they are getting paid then they should make their fees up and then some.

There is only one internet site which conclusively tells you if your advisor or 401k provider is adding value or not - www.evaluatemyadvisor.com

BW's "hypothetical couple" in the 7/13&20 issue is unrealistic in two respects: (1) While many households take in > $200K, this is usually achieved via having two professionals working full time + interest generated by investments. Very few wage earners achieve this on their own, even among BW's readers and especially after the recession hit. This is precisely why Obama can score points by promising to soak these folks. (2) Expenses for a single student at a private college is typically in the $35-50K range, without any assistance (unlikely for a $200K family). Thus, a total of $40K for two students is a significant underestimate.