Only 22 percent of Americans are enrolled in traditional pension plans. So for millions of Americans, they are without a pension and will be responsible for their retirement accumulation. When people are downsized, they use their retirement accounts to supplement their lifestyle. Americans will feel the challenge of not having to work part time during retirement.
Joining us for our discussion on Preparing For Retirement is Emily Brandon who is calling in from her San Francisco_ office . Emily Brandon is a senior editor, retirement columnist and blogger at US News & World Report . Her articles have been featured in Consumer Reports, and The Washington Post‘s Express and she has appeared On Nightly Business Report and MSNBC news among other outlets. Her latest book is “Pensionless: The 10 Step Solution For A Stress Free Retirement ”