RetirementAdvice.com Publishes Why Boomers Face a Challenging Retirement

Walter Edelstein has published new retirement advice on how Baby Boomers, even with a well thought out retirement plan, may not be retiring as financially comfortable as they expected.

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Retirement Advice

Retirement Advice from TheAdvice.com Personal Finance Site Network

Even if your retirement reality isn’t as rosy as you had hoped, you can still make the best of the situation by first taking an honest assessment of where you now stand.

Bayside, N.Y. (PRWEB) February 10, 2014

Personal Finance expert Walter Edelstein, CFP® has published new retirement advice on how Baby Boomers will need to revisit their retirement plan in order to afford and better enjoy retirement life. In these challenging economic times, Baby Boomers need to take a fresh look at their finances and make changes to improve their finances.

Consumers need to get objective information on best practices they can use to improve their financial situation. RetirementAdvice.com is one of the sites that are part of TheAdvice.com Personal Financial Site Network that provides consumers with free information and easy to implement practical ideas to help them achieve their personal financial goals. Following is a summary of the new article which is one of the many new “How to” articles that have been published on TheAdvice.com Personal Finance Site Network.

Why Baby Boomers May Not be Able to Afford Retirement

As increasingly larger numbers of baby boomers reach retirement, some are being faced with an uncomfortable reality – namely that they’re not in as strong of a financial position as they assumed they would be. In many cases, the financial realities of the situation are making it so that some of these individuals have to change their retirement plans.

While it might be tempting to attribute most of the situation to the recent financial crisis, the truth is that every generation has seen significant market declines (and usually multiple declines) in the time between entering the workforce and retirement. According to Mr. Edelstein, "even if your retirement reality isn’t as rosy as you had hoped, you can still make the best of the situation by first taking an honest assessment of where you now stand."

Click here to read the full article on RetirementAdvice.com

About TheAdvice.com Personal Finance Site Network

TheAdvice.com Personal Finance Site Network was launched in 2009, and since then has provided consumers with hundreds of free articles and financial tips across a broad array of personal finance topics. Several of the sites in TheAdvice.com Personal Finance Site Network include:

CreditCardAdvice.com – where consumer can learn how to establish credit, protect credit, choose the right credit card, and unlock the secrets of a credit report.

InsuranceAdvice.com – where consumers can find answers to many insurance questions including how to secure the right coverage for all home, health, life and automobile insurance needs.

Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.

TheAdvice.com proudly reaches out with this network of personal finance websites to help individuals and families discover the path to financial knowledge.