Daniel Bukszpan is a freelance contributor for CNBC.com. He has been a writer for 20 years and is the author of "The Encyclopedia of Heavy Metal," published in 2003 by Barnes and Noble and "The Encyclopedia of New Wave," published in 2012 by Sterling Publishing. He also contributed to "AC/DC: High-Voltage Rock 'N' Roll, The Ultimate Illustrated History," "Iron Maiden: The Ultimate Unauthorized History of the Beast" and "Rush: The Illustrated History," published by Voyageur Press. He lives in Brooklyn, New York, with his wife, Asia, and his son, Roman.
Some people who are unprepared for retirement respond with a strategy known as “Hurry-Up Offense” retirement. This entails scrambling like mad at the 11th hour to find something to live on. It’s less than ideal, but sometimes a well-planned nest egg simply doesn’t exist.
Faith in financial institutions like Social Security has eroded. Many people now wonder aloud if it will be around much longer. Should they claim Social Security early? Financial advisers agree on what course of action to take: Don’t do it.