The Retiree Standard of Living in the United States
Fifty-one percent of retirees will likely suffer a drop in their standard of living in the United States. That's the conclusion of the Boston College 2010 National Retirement Risk Index. Retirement depends so heavily on home values and stocks. That dependence pushed up the Risk Index, a retirement survey, 7 points since 2009.
Retirement: The Right Choice?
In that context, a 2010 Bank of AmericaMerrill Lynch survey asked Americans who had retired in the past five years whether they would opt the same course. Retirees often lose a grip on their standard of living in the United States. For that reason, the question is especially relevant. Specifically, the retirement survey asked: “if you had it all to do over again, do you wish you had spent more time thinking about the numbers or developing your vision for how you want to spend those years?”
Over half said they wished they had spent more time developing their personal vision for retirement. Such a response implies that boomers who have already retired are asking whether they have made the right choices and whether they like where they are with potentially a lower standard of living in the United States.
Relationship Satisfaction
Not just regarding standard of living in the United States, but pertaining to all of life, MetLife discovered in a retirement survey that fewer than half of those polled have figured out the implications of retirement. Specifically, how will retirement impact the satisfaction they derive from relationships with family and co-workers.
Dealing with Retirement by Watching TV Shows
How to escape this confusion? Watch TV. In 2009, the average retiree spent 48 hours a week watching TV shows.
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