Baby Boomer Generation Largely Unprepared for Retirement

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the twilight years that will follow. Clearly, many baby boomers have not planned ahead appropriately and they may be forced to pay a hefty price. The wise course of action is to devise a cogent plan for the future with the assistance of a licensed and experienced attorney who has a background in elder law, retirement planning, and estate planning. Your lawyer will gain an understanding of your retirement and legacy goals, evaluate what is realistically possible for you, and create a cogent plan that leads to the fruition of these goals. If you go forward living in the moment without expert guidance, you may be among the many who will never be able to retire.

References Social Security Administration http://www.ssa.gov/pressoffice/basicfact.htm About the Author

Forbes http://www.forbes.com/sites/janetnovack/2012/10/16/social-security-benefitsto-rise-1-7-workers-face-up-to-2425-payroll-tax-hike/ AP/LifeGoesStrong.com http://www.prnewswire.com/news-releases/ap-lifegoesstrongcom-poll-reveals44-of-all-baby-boomers-are-not-confident-that-they-will-retire-comfortably119247894.html Roy Litherland is certified as a Legal Specialist in Estate Planning, Trust and Probate Law by the California State Bar Board of Legal Specialization. Roy is a member, former Board of Governor, and designated Fellow of the American Academy of Estate Planning Attorneys (AAEPA), a national membership organization committed to assisting attorneys in providing quality estate planning services to their clients.

Financial Security Project of Boston College http://fsp.bc.edu/why-baby-boomers-cant-retire/ MSN Money http://money.msn.com/saving-money-tips/post.aspx?post=a555deea-a470-4bc38ebf-09c841

http://www.attorneyoffice.com

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