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Data Shows That Americans May Retire an Average of 7 Years Sooner Than Planned. Here's Why That Could Be a Problem.

TheMotleyFool

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Data Shows That Americans May Retire an Average of 7 Years Sooner Than Planned. Here's Why That Could Be a Problem.: https://g.foolcdn.com/editorial/images/763236/older-woman-laptop-gettyimages-1352069183.jpg

At some point during your career, you may start to think seriously about retirement. And you might actually land on what you think is an optimal retirement age. But what if your estimate ends up being way off?

A recent Nationwide survey of older Americans found that, on average, current workers wish to retire at age 67. That's full retirement age (FRA) for Social Security purposes for anyone born in 1960 or later.

Image source: Getty Images.

Source Fool.com

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