Retirement of the past
People who worked and saved in the 80’s and 90’s enjoyed unprecedented stock market growth, high interest rates on CD’s and other bank products, and many still had pensions to look forward too.
What a great time to be retired.
Retirement today is much different. Now those close to or already retirement are faced with making life decisions after the stock market that has had two major drops in the last 17 years, interest rates on CD's are very low, and pensions are becoming more and more rare.
This may lead to stress when it comes to retirement.