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Most Americans Expect To Retire At Age 65

Most Americans now expect to retire at age 65 or later. Over a third (37 percent) of workers plan to retire after age 65, up from just 15 percent in 1995.  Retirement at exactly age 65 also remains a popular choice. A quarter of employees plan to retire at age 65, down only slightly from 29 percent in 1995.

Early retirement is no longer a goal for most workers. The proportion of employees aiming to retire before age 65 has steadily declined from half of workers in 1995 to about a quarter (28 percent) in 2011. Just 5 percent of workers are striving to retire before age 55, down from 15 percent in 1995.

Source USNEWS.com

Posted on Thursday, April 28 by Registered CommenterWise Owl | Comments Off