Getting Real About Retirement
How current workers envision their future retirement differs greatly from the reality being experienced by people who are now retired. However, this time the disconnect may be an indication of unusually realistic thinking. According to a new study from the Pew Research Center, a non-profit "fact tank," 77 percent of current workers expect to continue working at least part-time in retirement--way more than the 12 percent of current retirees who work and the 27 percent who ever worked for pay during their retirement.
Matt's View
Usually when we read about a gap between retirement expectations and reality, we hear about the high number of people who are saving far too little and yet are quite confident of a comfortable retirement. So, it's a refreshing sign of sensible thinking that most people are expecting to work in their later years. Many people may, in fact, need the money. And, even for those who don't, research has shown that continuing to work past the traditional retirement age tends to foster improved health, a better sense of connectedness, and even a better marriage.
This article filed in: Health , Marriage , Retirement
Managing Money by The Book
- "To keep me from becoming conceited because of these surpassingly great revelations, there was given me a thorn in my flesh, a messenger of Satan, to torment me. Three times I pleaded with the Lord to take it away from me. But he said to me, 'My grace is sufficient for you, for my power is made perfect in weakness.'" - 2 Corinthians 12:7-9
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