What do you fear about retirement?

Jul 9, 2008

A Little Retirement Planning Means a Lot

Dartmouth College economist Annamaria Lusardi and her colleagues found that any amount of planning for retirement had a significant effect on the bottom line of the people she surveyed. Take a look at this comparison of net worth between different levels of retirement planning:

Time Spent Retirement Planning Av. Net Worth

  • Hardly any time at retirement planning $315,579

  • A little time at retirement planning $356,552

  • Some time spent on retirement plannning $365,354

  • A lot of time spent retirement planning $517,252

As you can see from the above figures, even a little time spent on retirement planning will go a long way.

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Your Nonfinancial Retirement Planning

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