Our economy is in pretty bad shape right now. So how will people afford retirement? The answer is that some won’t. A lot of people will never be able to retire. Others will have to work for a longer amount of time. The cost of living is just too high. People are struggling to save more.

There are some ways to help though. Some jobs offer incentives for long-time employees, which are basically extra payments to try to get you to retire. Another way to earn money for retirement is to play the stock market. You could also invest in foreign markets.

Another way to earn money for retirement is to put your money into bonds. Putting your money into bonds is a safer way of saving money, instead of putting your money in banks. Bonds are loans you give to the government. Not only are you guaranteed your money back after a certain amount of time, but you also get it back with interest. The downside is that the interest rate is low compared to what you could earn with riskier investments. Earning money for retirement is very important. This is especially true because annuity rates are expected to fall sharply in the coming year. Annuities are contracts that provide income in return for an initial payment. Retirement funds are an example of an annuity.