Name: John Amerine
Age: 67
Hometown: Mundelein, Ill.
John Amerine, vice president of sales for children's product maker Kidco, had hoped to retire nearly a decade age. But two market downturns derailed his plans.
Now he's waiting two more years to retire so he can maximize his savings. By doing that, he expects his retirement savings to grow by another 10%, giving him an annual income of about half of his salary now, including Social Security and part-time earnings.
Amerine, who has downsized to a condo and plans to work part time in his field, is confident he'll have enough to support a retirement life that includes his annual deluxe vacation and his photography hobby.
"I still enjoy working and when I do retire, I'll be in much better financial shape," he says.
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