SHRM_TLB_1.2.19

AMERICANS STILL HAVE HIGH HOPES OF RETIRING EARLY & RETIREES UNDERSTANDING OF TAXES IN RETIREMENT

A free white paper by Madison Pension Services, Inc.

Findings from MassMutual’s 2018 “State of the American Family” illustrates that on average, respondents expect to retire at age 62, as opposed to age 64 when the study was last conducted five years ago in 2013. Surprisingly, 40% of the respondents from the study intend to retire before age 60, up from 32% from that same 2013 study. With all of this optimism, did any of the percentages go down? Well yes, actually. 22% of respondents now expect to retire after age 65, down from 30% from the 2013 study. So there was a decrease in the percentage of folks who expect to retire after age 65 and an increase in the percentage of folks who expect to retire before 65.

Sign up to download AMERICANS STILL HAVE HIGH HOPES OF RETIRING EARLY & RETIREES UNDERSTANDING OF TAXES IN RETIREMENT

When you register to become a member, you gain access to white papers and the ability to reach out to companies directly. As part of your membership, we’ll keep you up-to-date on current news, research and analysis with our Business Chatter Weekly e-Newsletter.