Here are some interesting facts about American retirees and their mortgages which reflect why early retirement is a fantasy for most Americans:
- A report by AARP found that 25.5 million American seniors ages 50 and older have a mortgage.
- Thirty-six percent of American workers ages 55 and older say the total value of their household's savings and investments — excluding the value of their primary home and any defined benefit plans — is less than $25,000, according to the Employee Benefit Research Institute.
- More than 600,000 American home-owning seniors are delinquent or in foreclosure, according to AARP.
Here is the link to a story about a guy who calls himself Mr. Weirdo in which my retirement book How to Retire Happy, Wild, and Free was mentioned:
Did you know that the term " Teacher Retirement Poems " is searched more in search engines such as google than " retirement planning "or "retirement" itself?