According to Prudential's 2016 Retirement Preparedness Study, 54% of Americans nearing retirement age "have no idea" how much money they'll need for their post-career years. What's more, the same percentage of Americans nearing retirement only have $150,000 saved for their so-called "Golden Years" - nowhere near enough cash to live on for 20 or even 30 years of retirement.
That's where part-time income can help beef up retirement savings. But what are the best income-producing options in retirement? Here, from the mouths of experts are a "working" retiree's best bets.
With real estate prices and health care rising, and with interest rates on an upward spike as the U.S. economy gathers significant strength in 2017, retirees - and near-retirees - may wonder just how far their household dollar may stretch in retirement, especially here in the U.S.
One antidote is to do what 400,000 retirement-minded Americans are doing and find a comfortable, affordable landing spot overseas.
After all, Florida and Arizona aren't the only places on earth with plenty of warm sunshine, palm trees, good food and friendly people - they just happen to be among the most expensive retirement destinations.
Change that dynamic, passport in hand, by opting for one of the global locales to add some international luster to your golden years - straight from the mouths of ex-pats who live there.
Editors' pick: Originally published June 6.
_ _ _
Alibaba, day two notes: After a monster run in its stock on the heels of a bullish investor day, Alibaba (BABA) founder Jack Ma saw his net wealth rise $8.5 billion to $41.8 billion. He is Asia's richest man, according to the Bloomberg Billionaires Index.
Why not stay long this tech stock, momentum lives on: Chipmaker Nvidia (NVDA) is the best-performing S&P 500 component this quarter. The stock is up a robust 54% in June as Wall Street has become even more bullish on the company's prospects.
Must watch digital TV: Apple (AAPL) CEO Tim Cook will deliver the commencement address at the Massachusetts Institute of Technology on Friday. He has big shoes to fill after a well-received speech by Facebook FB founder Mark Zuckerberg at his alma mater Harvard.
ROBOTS: There really isn't any additional information needed on this one. Softbank Corp. (SFTBY) has struck a deal to pick up Alphabet's (GOOGL) robot-maker Boston Dynamics. TheStreet shows you inside of five seconds what Boston Dynamics does -- it's really cool stuff.