Reply #5: plan now...

[grasswire]

....to build layers of income and build equity in something that will hold its value.

Example: a friend of mine has spent more than two decades building two careers. He teaches, but he also has built a add-on business as a dealer in coins and photographic images. Even if he never gets his pension or SS, his second business will provide. Plus the value of his stock can be liquidated in bits or at once.

You can turn a hobby into a home business. Especially with the power of the web and eBay.

The key is diversification of revenue streams, if you no longer can rely on a pension for retirement.