American’s are working deeper and deeper into their lives.
I came across this article in the Huffington Post and was reminded that the virtue of “delaying gratification” coupled with compound interest can make a big difference when it comes time to decide whether or not a person can retire.
According to this article more and more American’s are having to work past the age when we’ve gotten to retire in the past. My guess is that this trend will continue into the future especially if/ when the Federal Government is forced to alter or eliminate entitlement programs.
What can you do to avoid having to work into your 70s? Work with competent financial advisors (including mortgage professionals) who can help you plan.