Kobe Bryant Harry How/Getty

Kobe Bryant always studied Michael Jordan’s game. That continued even to his retirement letter.

Kobe Bryant announced his retirement at the end of the season via an open letter to basketball, posted at The Players Tribune. It was a poignant way for one of the NBA’s greatest players to tell the world that he’s hanging it up.

You know who also chose an open letter to basketball to signal his retirement? Michael Jordan. On April 20, 2003, Nike took out a full-page ad

Did you know…?

• Approximately one in three Americans aged 62 or older is expected to have debt in retirement1
• One-third of people over 65 rely on Social Security for 90% of their income.2
• 32% of retirees have less than $10,000 saved.
• 31% of retirees carry mortgages.3

Forty years ago the financial future for today’s senior adults radically changed. Instead of saving to make a purchase, people in the 70’s had a new option—credit cards.  Unfortunately, many seniors are now experiencing the back