Reported 1 day ago
A recent survey by the financial services company Empower reveals that most Americans prefer to retire at age 58, which is earlier than the current average retirement ages of 64 for men and 62 for women. Despite the increasing full retirement age to 67, nearly 60% of respondents reported retiring earlier than anticipated, often due to health issues or job-related reasons rather than financial security. The survey underscores the importance of saving early for a comfortable retirement, highlighting the challenges many face in accumulating sufficient funds to ensure a financially stable future.
Source: YAHOO