According to recent surveys, approximately 14% of US citizens are confident they will have enough funds to afford retirement at age 65.
As more baby boomers elect to stay in the workplace, as opposed to going into full retirement mode, one decision to make is what do do with your 401K, which in many cases has replaced the traditional pension enjoyed by folks who entered the workplace in the mid 1900's.
Similar studies indicate that that delaying retirement by just one year can your ability to of successfully retiring by 18%, two years by 37% and three 55%.
The conclusion is that delaying retirement may yield a significant positive impact of retirement success.
For more information on retirement facts: http://www.ssa.gov