Retirement Plan B: Don't Retire

Put off your retirement as long as you can.

There's good news and there's bad news: both of them are: "we are living longer."

The good news

On the good news side, it means that we have many extra years to enjoy ourselves with our friends and family, with our food and drink and with all our earthly pleasures. As long as we keep popping all the anti-cholesterol, anti-sugar and anti-high blood pressure pills, we keep going. We do all the blood tests every year, the doctor never gets out of his chair behind the desk, analyzes results, prescribes what we need and we keep going.

The bad news

The bad news, if the penny hasn't dropped yet, is that our pensions, retirement plans and nest-eggs will all run out while we are still here. So it's a race. Will we outlive our pension and end up poor and the miserable objects of state care, looking for personal loans, or will the pension outlive us and allow us to spend a respectable and pleasant old age in a retirement home?

Medical breakthroughs and healthier lifestyles are expanding our life expectancies and you simply can’t count on departing the way our parents and grandparents did.

What are the other plans?

Some retirees are returning to work, others are selling everything, buying a mobile home and roaming around the country. One friend exchanged his fancy apartment for a fancy yacht and is permanently moored in the some Mediterranean port. He never stops talking about the wine, the hot food and the hot women. ... click here to read the rest of the article titled "Retirement Plan B: Don't Retire"