June 30, 2011 78 year old comedian and actress
Carol Burnett is going
back to work for one of the final shows of All My Children. She will again
play the character Verla Grubbs, the long-lost daughter of Langley
Carol Burnett never really stopped working since
she began her show business career back in 1955. She may be best known for
Carol Burnett Show and her role in Mama's Family, but she has an
extremely long resume. What makes
Carol Burnett different from so many
other people her age, however, is that she is still working.
Because the economy was so bad for several recent years many working
people who would have otherwise retired delayed leaving the workforce.
Additionally, there was a lot of talk about taking a part time job during
retirement. While these stories are correct they don't represent the vast
majority of people close to or in retirement. Here's why.
Myths versus realities
According to the 7th edition of the book Retirement Planning and Employee
Benefits For Financial Planners, 72% of working individuals say they plan
to work during retirement, while in reality only 34% of retirees are
actually working after they retire from a job. Additionally, 23% of
working individuals say they will retire when they are 65 and another 31%
say they will retire after the age of 66. The reality though is that the
average worker retires at age 62. 42% of retirees had retired early for
some reason beyond their control (health, family situation, economic slow
Your retirement planning
Carol Burnett's work situation doesn't represent the experience of the
average retiree. Today, you may believe you will be like
Burnett and still
be working into your 70s, but as many retirees have discovered, situations
arise that either force or encourage them to change their plans and stop
working altogether. If you aren't able to work in retirement how will you
support yourself? Are you making "just in case" retirement plans / savings
Here is what Jodie Sweetin did
right after her car accident that could jeopardize her lawsuit.
Danica Patrick may speed for a
living, but couldn't get away with it on the open road. Here is what
speeding tickets really cost.
Martin Lawrence, the comedian actor, has decided
to try his hand at a new profession: landlord. What does that mean
for his taxes?
Customizing your resume is not deception. However,
lying will work against you. Just ask actor Matt Damon.
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