Retirement security mustn’t be just a memory

Commentary | March 4, 2009 | By John Burbank | Everett Herald

My neighbor across the street thought he was all set for retirement. Then the housing crash and the stock market slide took away his part-time job as a small contractor and the nest egg he had built up for the future. So now he's driving around prescriptions for a local pharmacy, and worrying about his savings and wondering if he will ever be able to retire. Retirement experts like to talk about the three legs needed for a secure retirement: Social Security, pensions and savings. That very equation should make most of us quite worried. The retirement platform is missing a couple of these legs, and you can't relax on a one-legged stool.

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