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This report summarizes the results of the 2014 Iowa Farm and Rural Life Poll - an annual survey of farmers on issues important to rural Iowa since 1982.

Topics highlighted: the next generation of farmers, farm family succession plans, opinions about retirement decisions, use of professional advisers for agricultural decision making (i.e., fertilizer program development, pest and crop disease management, soil and water conservation), the use of information technology, and rural quality of life.

Farmers need to consider some unique situations regarding retirement. Read about setting retirement goals and estimating cost of living and income in retirement. Two worksheets are provided to help the process. Also discussed -- what will happen to the farm business.

As farmland values and stock markets can be unstable, having all of a family’s investments in one venture is risky. This pamphlet presents issues in investment considerations before retirement and at retirement.

As a self-employed individual, a farm operator is covered by social security. This publication discusses social security issues for farmers prior to and after retirement.