Personal Finance Advice and Commentary

Sunday, April 08, 2012 6:00 am
By Jennie L. Phipps · Bankrate.com

Retirement planning is a worldwide issue. The World Health Organization, or WHO, reported last week:

The number of people age 60 and older has doubled since 1980.
The number of people age 80 years and older will quadruple to 395 million by 2050.
Within the next five years, the number of adults age 65 and over will outnumber children younger than age 5.
By 2050, these older adults will outnumber all children younger than age 14.

Given this scenario of an aging population, what can those of us at the epicenter do to help ourselves avoid being victims of this demographic revolution as we slide into retirement?