While the recession affected the retirement funds that many people accumulated a
major part of the problem is that many people did not plan for retirement and
start to save/invest earlier on in life. An earlier start in saving/investing
for retirement, taking advantage of any employer machining plan, avoiding risks
with retirement funds and planning for multiple streams of income when retired
helps to ride out the bumpier times like this latest recession. The key to
successful retirement is planning. You have to plan for your financial needs as
well as your lifestyle requirements. There are many retirement sites that
provide retirement information. I recently found the site Retirement And Good
Living that offers information on finances, health, retirement locations and
more. It also has a great blog of guest posts about a variety of retirement
topics. I never understand why more people do not take advantage of these type
of sites. Most are free.
In the sweat of thy face, well, you know the rest of how it goes. Just a
prophecy being fulfilled, that's all. It is how most of us have to deal
with this life.