Sandra Haymon

Millions of Americans begin each year with intentions of getting their financial life in order and making definite plans for their retirement. However, years come and go without much progress in those areas.For many it is the eleventh hour! If you were born between 1946 and 1964, you are one of the 78 million Baby Boomers marching toward retirement.Approximately 10,000 Americans will turn 65 everyday for the next 18 years. Most of these will retire from their jobs yet only about 5% have sufficient retirement funds to maintain their current lifestyle.Although Social Security is intended to only be a ‘supplement’ to retirement income, many Americans depend heavily on their Social Security checks for survival. However, annual reports show both Social Security funds to already be depleted.Are you financially prepared for retirement? Will you have enough income to maintain your present standard of living?What will happen in the likely event that you will not able to draw your full Social Security benefits? The av