A new study has shown that in 132 of the 250 of the largest U.S. counties only about 50% of retired people live comfortably. Read this editorial to learn what effects are causing people not to retire on time and discover how to be proactive with your future. This article also breaks down how American cities are ranked one against each other when it comes to retirement. See where your city is ranked.

Retirement 101

At what age do you intend to retire?
How many years will you expect live in retirement?
How much are you currently earning?
What will be your main sources of income during retirement?
How much money do you need (or want) to spend each month in retirement to achieve your goals and maintain your lifestyle?
How much have you already accumulated in employer benefits?
How much have you already saved or invested for retirement?
How comfortable are you taking risks with your investment dollars?
How many people must you support financially now and in the future?

Questions created byUniversity of Illinois at Urbana-Champaign

If you think you are prepared for retirement these questions should be a breeze to answer. If you are not prepared and you are struggling to come up with answers make sure you read some previous posts I made about retirement.