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Retirement Confidence Survey
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arkstfan Away
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Post: #1
Retirement Confidence Survey
Most workers surveyed think they will retire at age 65 but the median retirement is 63 despite the "full" retirement age of Social Security having risen to 67.

Roughly 1 in 3 workers believes that Social Security won't be a major part of their retirement while 2 in 3 retirees report it is a major income source.

Nearly 7 in 10 workers believe they will continue to work some after retirement but only 1 in 4 actually do work after retirement.

https://www.ebri.org/pdf/surveys/rcs/201...hecked.pdf
10-17-2018 03:16 PM
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Native Georgian Offline
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Post: #2
RE: Retirement Confidence Survey
One could write several books about all the make-believe and magical thinking that people fall prey to, on this subject. Even college-educated, upper/middle class types.
11-30-2018 03:12 AM
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Post: #3
RE: Retirement Confidence Survey
Major employers are pushing older employees out earlier and earlier. If you work for a big company, its best to have ideas of what to do if your job gets eliminated at age 55. Its a combination of trying to save money on salaries and a belief that experience doesn't matter and old people are too set in their ways.
11-30-2018 12:39 PM
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Owl 69/70/75 Online
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Post: #4
RE: Retirement Confidence Survey
I'm 71 and have no plans to retire any time soon, mainly because I have great health insurance where I am and not sure what would happen on that front after retirement. I used to believe I could count on CHAMPUS/later TRICARE, but Obama pretty much screwed that up, and I sure as hell do not want to depend on an Obamacare plan. Plus, three days a week, nine months a year, is not enough to kill anyone.
11-30-2018 01:07 PM
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