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Retirement Study: More Americans Calling It Quits, Even With Less To Live On

Wednesday, August 10, 2011 - 9:16 AM
From Moneyland | TIME.com
With stocks tanking and nest eggs cracking, retirement is clearly less affordable. Why, then, has there been a surge in folks leaving the workforce for good?

Portfolios are down, leaving fewer assets to generate income. Housing equity has been slashed, too. Headlines the past few years, and again very recently, have been about older folks forced to work longer.

Yet the rate of retirements is on the rise....

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