Compass Point Retirement Planning co-founder and licensed advisor, Michael LaBrie, was recently interviewed by The Telegram & Gazette reporter Peter Cohan about the recent “Massachusetts Retirement Readiness Survey” and what the findings reveal about residents in the Central Massachusetts region. “This survey of 1,000 Massachusetts residents over the age of 45 conducted this year between July 9 and 13 revealed findings that may scare you. Here are some of them: 22 percent of Central Massachusetts residents are guessing on their retirement strategy and do not know where they will live in retirement. Thirty-two percent of those surveyed said that their biggest retirement worry is health care expenses, and 27 percent reported that the high cost of living stopped them from saving more for retirement,” writes Cohan.
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