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Let’s Retire Retirement

Friday, March 25, 2011

At least the 2008 financial meltdown produced one positive outcome: It exposed the fact that retirement as we know it is over. Done. Obsolete.

Until the market crash, many boomers were planning to leave the workforce with well-funded retirement plans. Almost overnight, most of those financial assets lost substantial value, and the exodus from the workforce ground to a halt. Many people simply could not afford to retire anymore, at least not in the manner of their aspirations. They had to find s

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