I just came across these four surprising new facts that affect your money and finances…

Fascinating Fact #1: 61% of boomers fear outliving their money in retirement more than they fear death

That’s according to a new study.¹

Maybe you’re one of them.  It appears that lots of boomers should be scared out of their wits – almost half of them could run out of money in retirement, according to a new study by the Employee Benefit Research Institute.

In fact, most employees recently surveyed – regardless of age – say they aren’t saving enough money for retirement.²

Many people are adjusting to “the new normal” by postponing retirement.

But you may not have a choice:  Nearly four in ten retirees say they were forced out of work earlier than they’d planned, because of layoffs, poor health, or the need to take care of a loved one.³

And, for those already retired, 60% say they have been forced to do without things they had taken for granted, to make ends meet.⁴

Things like meals out, new books and movies, travel, new clothes and home improvement projects.

Can you live without those things?  Sure.

But why should you have to, after a lifetime of hard work and sacrifice?!?

[Read more…] “Four fascinating facts that affect your finances”