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Will You Retire Because You Want to or Because You Must?



“Age--that period of life in which we compound for the vices that we still cherish by reviling those that we no longer have the enterprise to commit.”

            --Ambrose Bierce

Advisors have been spewing warnings for years that the Baby Boomer generation wasn’t saving enough money for retirement and that when that day came, they wouldn’t have enough to meet their living expenses. Even as recently as 2010, studies were showing that nearly half of Baby Boomers were not expected to have enough money to live on in retirement (http://articles.chicagotribune.com/2010-07-13/business/sc-biz-0714-retirement-gail-20100713_1_retirement-baby-boomers-social-security). Because the Boomer generation didn’t have enough to retire on, they’d continue to work, creating logjams in companies for younger workers looking to move up, and thereby increasing the unemployment rate due to fewer job openings.

So far, the early results of Boomer retirement show that this is not happening. Unemployment is still high, but it’s not because Boomers aren’t retiring. A recent study showed that, indeed, even if they are not financially ready, the Boomers are mentally and physically ready to retire, and so, once Social Security payments kick in, they’re taking the plunge into retirement anyway (http://articles.chicagotribune.com/2012-05-11/site/sc-cons-0510-retirement-boomers-20120511_1_first-boomers-retirement-baby-boomers).

How are they doing it, then, if they don’t have enough savings?

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Jason Hull is a Fort Worth fee only, hourly financial planner who serves clients in Fort Worth, TX and Dallas, TX as well as serving clients nationwide.

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Hull Financial Planning is a Fort Worth, fee-only hourly financial advisor. The cities we serve in the Dallas-Fort Worth area include: 

Tarrant County: 
Arlington, Azle, Bedford, Benbrook, Blue Mound, Burleson, Colleyville, Crowley, Dalworthington Gardens, Edgecliff Village, Euless, Everman, Flower Mound, Forest Hill, Fort Worth, Grapevine, Grand Prairie, Haltom City, Haslet, Hurst, Keller, Kennedale, Lake Worth, Lakeside, Mansfield, Newark, North Richland Hills, Pantego, Pelican Bay, Rendon, Richland Hills, River Oaks, Saginaw, Sansom Park, Southlake, Trophy Club, Watauga, Westlake, Westover Hills, Westworth Village, and, White Settlement 

Dallas County: 
Addison, Balch Springs, Cedar Hill, Carrollton, Cockrell Hill, Combine, Coppell, Dallas, DeSoto, Duncanville, Farmers Branch, Ferris, Garland, Glenn Heights, Grand Prairie, Grapevine, Highland Park, Hutchins, Irving, Lancaster, Lewisville, Mesquite, Ovilla, Richardson, Rowlett, Sachse, Sand Branch, Seagoville, Sunnyvale, University Park, Wilmer, and, Wylie 

We also serve clients nationwide and can leverage technology to maintain our client contact and communication.


Hull Financial Planning, 2939 Crockett St. #315, Fort Worth TX 76107, (817)476-0584

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