Retirement Outlook Survey

Consumers have unrealistic expectations about when they will retire, how much money they will need in retirement and where that income will come from. A recent survey highlights the concerns of consumers in general: Retirement Timing is Often Beyond Our Control  The study shows that while nearly 3 in 4 pre-retirees are confident they will retire as planned, only 48 percent of actual retirees retired when they expected. Among the more than 1,300 people surveyed, including more than 700 retirees, 46 percent retired sooner than planned. Although the primary reason was due to job loss (36 percent), health issues (17 percent) and … Continue reading Retirement Outlook Survey