Amid a host of persistent and growing financial challenges, a new survey by Equitable reveals a large share of Americans have lost hope on reaching a long-enshrined milestone.
According to the research, which drew from a poll of more than 1,000 participants, revealed nearly half of American consumers believe retiring at the age of 65 is realistic. Rather than 65, a full 47 percent of respondents expect they’ll retire nearly a decade later at the ripe old age of 74.
The study respondents pointed to several challenges in achieving retirement security including rising living expenses (68 percent), insufficient savings (66 percent), […]
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