Wednesday, May 28, 2008

Ugly Stat

Found an ugly stat the other day concerning people's retirement:

According to a new survey from AARP, one in four middle-aged (45+) and older workers say they postponed plans to retire due to economic conditions. Almost 25% of people aged 45-to-64 surveyed said they are prematurely taking money out of their 401(k) and other investments.

Admittedly, we don't know what the baseline is, but I it still seems like a sign that things aren't so great and people are postponing dealing with their finances.

From Marketwatch