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A Web Site to Help Farmers Decide If They Can Afford to Retire

Volume

42

Issue

1

Abstract

Because many farmers are concerned about whether they can afford to retire, a Retirement Estimator for Farm Families was developed for use on the Internet. Farmers are advised to consider life expectancy and think about how income and expenses could change in retirement. Farmers can use the site to enter their information on income and expenses in retirement and obtain feedback on whether they can afford to retire. Links to other resources such as the Social Security Administration and a life expectancy calculator are featured on the site.

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