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This Is the Age When the Average Older American Expects to Retire


If you've been dreaming about retirement for decades, chances are you're itching to retire as soon as you can. However, more and more Americans find themselves working longer than they anticipated, sometimes working years past the traditional retirement age.

The average worker age 65 and older doesn't expect to be able to retire until age 72, a new survey from Provision Living found. Of those who are still working, 60% say the decision is a financial one. Nearly 4 in 10 say they simply can't afford to retire, and another quarter say they're still working to support their families.

While it's a good thing that workers aren't retiring before they're ready, centering your retirement plan around working as long as possible may not be the best idea.

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Source Fool.com


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