Using The Slow Summer Months To Prepare For Retirement

Jul 9, 2014

A recent Gallup poll found the average retirement age for most Americans is 62, but that number is creeping upward.

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More and more of us are working longer and putting off retirement. That’s because millions of Americans are not financially prepared to stop working.

For people who are close to retirement, summer can represent a taste of the lifestyle they've worked hard to achieve in their golden years. Even if your retirement day is a year or more away, this slow season can be a useful time to take steps to prepare for the transition out of the work force.

Cindy Collins, executive vice president of Stratton & Company, joined Melissa Ross to discuss the planning for modern retirement.

You can follow Melissa Ross on Twitter @MelissainJax.