Baby boomer retirement obstacles seem to be many. You can still retire if...
You know exactly what and who you can count on in the coming years.
The good news is that we will soon be a larger and larger percent of the population, our political "leaders" will not ignore such a large voting block...the bad news is you should know by now that relying on politicians is not real smart...call me a cynic, but take a look at the approval ratings of Congress, the media and you should be concerned about looking out for number one.
No one else is going to...get used to it.
Playing the blame game is not productive...make sure your pity party is behind you.
The bottom line is that you are going to have to take charge...no one is going to help you...the game has changed a lot and not for the better for those wanting to enjoy retirement.
This does not mean retirement is impossible, far from it, we have been retired since 1994, learn from our experiences.
Just be open-minded, to retirement lifestyles that you may or may not have thought of before.
In no particular order:
The only saving grace is touching entitlement programs is the "third rail" of politics...at least currently.
Sorry to rain on your parade...but the above is reality. The timing for baby boomer retirement could not be worse. The first of those boomers, are now reaching "normal" retirement age of 65 in 2011. Although being retired since 1994 and being born in 1945, I am in the same boat...I want to stay retired.
Use the time before you retire to devise a way to supplement your income now. If you do this now...you will retire with confidence...not with concerns over money. Here is my personal suggestion, retire online, it is working for me...it will do the same for you.