According to a Wells Fargo survey (clicking the link is worth it for the picture alone).
As they struggle to save for retirement, a growing number of middle-class Americans plan to postpone their golden years until they are in their 80’s.
Ok, if you’re working in your 80s, you’re never going to retire — it’s the nursing home or the graveyard.
On a related note, the Chief Economist at Morgan Stanley said yesterday that expectations of entitlements (like Social Security) are “the most overvalued asset across the world’s advanced economies.” It’s only going to get much worse before it gets better.
I better pace myself if I’m going to be writing on Forexlive for another 50 years.
