"The younger you retire, the longer you need to plan for, and the more risks you are exposed to. People are living longer, and they're living healthier longer, too. It is correct that people are finding that guaranteed retirements are being eroded ... look to that longer life expectancy, and the fewer workers coming behind to support those pensions. You can write all the laws you want to mandate this or that, but the reality is that the money must come from somewhere. Working longer is something an individual can do to reduce their own risk in retirement."  MORE >>