Deferring retirement

Posted at 2:56 PM on May 28, 2009 by Bob Collins (0 Comments)
Filed under: Economy

A survey from the Pew Center this afternoon says over half of adults 50-64 are thinking about delaying retirement. Sixteen percent say they expect to never stop working.

The Pew Research survey also finds that it may not be how much you earn but how much you lost in the investment market meltdown that determines whether you are re-thinking your retirement plans. Among the Threshold Generation as well as among other age groups, higher-income earners are only slightly less likely than lower-income adults to have considered postponing retirement. But regardless of income or age, those who have lost 40% or more of their investment nest eggs are roughly twice as likely as those who haven't lost money in the market meltdown to say they have thought about delaying their eventual exit from the workforce.

More women than men are thinking about delaying retirement.

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