47 Percent of Americans Expect to Retire Later Than Initially Planned
Get used to it
Many Americans are delaying retirement or plan to work after retirement, according to a new study.
Some 82 percent of workers 50 and older say they are somewhat likely to work well into their golden years, according to an Associated Press-NORC Center for Public Affairs Research poll. And 47 percent now expect to retire later than they previously thought -- on average nearly three years beyond what they estimated when they were 40. Men, minorities, parents of minor children, those earning less than $50,000 a year, and those without health insurance were the most likely to put off their retirement plans.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?