Most of the teachers earning $100,000 or more are in their early 50's and are approaching retirement.

Conservative spending will look particularly appealing to many of the baby boomers approaching retirement.

For most people approaching retirement, the major concern is money.

Instead, a growing number of Americans are approaching or entering retirement still making hefty home payments.

The pain is not just on paper for those approaching retirement, no matter what their financial status.

Every plant of the more than 100 ordered since 1973 has been canceled, and many others are approaching retirement.

"For those approaching retirement it is very much a lottery at the moment," Kidd says.

This is especially so if they are approaching retirement.

For now, people approaching retirement are left to hang on and hope.

As you approach retirement, there are many factors to consider.