Wednesday, September 14, 2011

A 70-Year-Old Asks: Can I Afford to Retire?

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retirementJack (who asked that we not use his last name) works full-time at an environmental agency for the state of Tennessee, earning $60,000 a year. But the daily grind is wearing on him. In November, he'll be 70.

"Old age is making it harder and harder for me to get up early every day and put in eight hours of work," he says. "But with the poor economy and uncertainty of the future of Social Security and Medicare, I am scared to retire."

Jack emigrated to the U.S. from the Middle East after high...

A 70-Year-Old Asks: Can I Afford to Retire? originally appeared on DailyFinance.com on 2011-09-14T06:30:00Z.

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