According to the Employee Benefit Research Institute’s annual Retirement Confidence Survey, the percentage of workers who said they have less than $10,000 in savings grew to 43% in 2010, from 39% in 2009. Furthermore, workers who said they had less than $1,000 jumped to 27%, from 20% in 2009!!
The survey found that only 46% of workers have tried to calculate what they need for a comfortable standard of living in their golden years. NewRetirement.com, is here to help!!! You can use our nifty retirement planning calculator to see what you will need to save for retirement, or use our Reverse Mortgage Calculator to see how much money you can receive from a Reverse Mortgage.
Also, there is a new Reverse Mortgage guide on the website that can shed some very interesting light on this product.
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