- Increase savings rate 1-2% a year.
- Work two extra years.
- Buy an annuity
- Work part-time for five years.
Still, with the Great Recession, our retirement has constantly been at risk, which is the main reason I've worked part time during my retirement. My learning is that our retirement will always be at some risk since neither of us have a pension, which makes having an annuity an attractive option.
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This is not financial or retirement advice. Please consult a professional advisor.
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