Americans Are Retiring Later: Here’s Why
Employers can help improve retirement readiness, so workers retire on time.
More workers are planning to retire at 70—or never. This could impact your workplace. What’s holding them back?
- High savings goals
- Debt and other financial stressors
- Healthcare concerns
- Anxiety about leaving work
The good news? You can help them feel more ready for retirement by providing helpful education, promoting catch-up savings options, sharing practical healthcare strategies, and offering phased retirement options.
Let’s chat if you’d like to talk more!
PENSION PLAN SPECIALISTS, PC
805 Broadway, Suite 600
Vancouver, WA 98660
360-694-8409
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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