Many individuals over the age of 50 realize far too late that they will need to supplement their retirement income. A deep concern has escalated in the lack of part time jobs for senior citizens in the last few years. Did you know that in the years from 1946 to 1964 there were 76 million births? Factoring out the numbers to include deaths, immigration and other issues, an estimated 10,000 people in the United States will turn 65 each day for approximate the next 17 years.
So maybe it has finally hit you, that you are over 40 (okay over 50) you have attempted to set goals, delayed plans for those retirement years and most probably know squat concerning where you stand with your financial investments (if any). Have you even started trying to figure out if your income will be more than sufficient for your everyday retirement living expenses, to cover those dreams and all of the bills? Or will you have to find a part time job or worse continue (more…)