You can read all day about the changes occurring in the ways we save for retirement, in the funding of Medicare, in the predicted bankruptcy of Social Security. You can find a depth of information on what economists think will happen with your retirement in the future. But in the end, it is YOUR retirement. How do you feel about it? Studies say, you don’t feel so good. These two articles shed some light on the changes individual Americans are experiencing today.
This article highlights the shared goals to feel financially prepared for retirement while enjoying life, finding personal fulfillment and connecting with others. These “non career” goals seem to grow more important as financial goals waiver.
This article sites a sad statistic that less than half of Americans feel they are financially protected – i.e., able to survive an immediate crisis. This places a great deal of financial stress on the average household, perhaps shedding some light on the reasons why personal fulfillment and meaningful relationships are cited as common goals more frequently today than twenty years ago.