Rethinking Retirement
What This Means For Your Retirement Planning
2005 2010 2015EXPECTED RETIREMENT AGE1ACTUAL RETIREMENT AGE160 AVERAGERETIREMENT AGE1 70656055The average retirement age in the U.S. is 60-years-old. If that sounds younger than you thought, you are not alone – people in the U.S. consistently report that for a variety of reasons, they end up retiring sooner than originally planned.1Americans are living longer, more active lives than previous generations. Studies show that when the average American retires at age 60, there is a 79% chance that they will live to age 80.2Bottom line – Americans are spending more time in retirement than […]
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