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Learn reasons Americans don't retire when they want to, how many retire unexpectedly, and how confident they are or aren't about affording a comfortable retirement.
About 45% of Americans are retiring earlier than they expected and also 45% are retiring about when they planned.
5% are retiring later than expected.
Why people retire earlier than planned:
1. Hardship 60% 2. Able to afford it 35% 3. People desire to do something else 25% 4. Company changed, downsized or closed 5. Other work related reasons 6. Care for a family member 7. Change in required skills
By Linda P. JonesLearn reasons Americans don't retire when they want to, how many retire unexpectedly, and how confident they are or aren't about affording a comfortable retirement.
About 45% of Americans are retiring earlier than they expected and also 45% are retiring about when they planned.
5% are retiring later than expected.
Why people retire earlier than planned:
1. Hardship 60% 2. Able to afford it 35% 3. People desire to do something else 25% 4. Company changed, downsized or closed 5. Other work related reasons 6. Care for a family member 7. Change in required skills