3 Reasons You Won't Retire on Time

Countless Americans look forward to retirement and the lifestyle change it offers. But a large number of workers may be forced to postpone retirement and wait to realize that particular dream. In a study last year by human resources consulting firm Willis Towers Watson, 25% of American workers felt they wouldn't manage to retire until age 70. And in a TD Ameritrade study, 25% of employees felt they'd never manage to retire at all.

But while never retiring is a bit of an extreme, those folks who predicted their late retirement may be on to something. In fact, there's a good chance a large number of Americans won't retire on time unless they take steps to overcome the obstacles holding them back. Here are a few common barriers to retiring on time -- and what you can do about them.

IMAGE SOURCE: GETTY IMAGES.

Source: Fool.com