Workers report an expected median retirement age of 65, while retirees report they retired at a median age of 62.
Many workers say they are behind in their retirement preparations, including saving for retirement.
- 49% of retirees leave the work force earlier than planned
- 31% indicated they retired earlier than planned did so because of a hardship, such as a health problem or disability
- 32% say that they retired due to changes at their company
- 39% said they could afford to retire earlier
- 22% intend to retire between the ages of 60 and 64