Reality Check

A Baltimore Sun article about a McKinsey & Company study has sobering news for people who have inadequate retirement savings:

Four out of 10 retired workers left their jobs sooner than they had planned, usually because of health problems or the loss of employment, according to the report by McKinsey & Co., which was based on a national survey of 3,086 people.

The survey also found that 45 percent of people who are currently employed planned to keep working past age 65. But among the retirees polled, only 13 percent said they had done so.