Retiring . . . Shoestring or Silver Spoon Budget?

In the wake of the economic downturn, more and more seniors are pushing off retirement or even re-joining the work force to make ends meet.  The question on everyone’s minds becomes one of “how much do I need to retire comfortably and continue to maintain my standard of living?”  If you have been living beyond your means, you may have some additional self-searching to do to determine what your standard of living should be, realistically.  However, for those of you who have generally been living within your means and are wondering what a realistic retirement forecast may mean for you, it may be the perfect time to assess your financial savviness.  If you pass the test, odds are you are in a much better position to retire than others around you.

To assess your financial savvy, go here.

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