Small Business Labs

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Half of U.S. Full-Time Employees Plan to Defer Retirement Due to Financial Reasons

Small Business Labs

The study is based on a survey of 2,675 adult Americans with a full-time job at companies with at least two employees. It shows that 52% of the full-time employees surveyed said they plan to postpone their retirement due to their financial situation. These are the people who should be the best prepared to retire

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Consulteering - A New Approach to Retirement

Small Business Labs

Work a Little, Play a Little: A New Retirement Strategy from the New York Times covers the  growing trend towards people working part-time in retirement.   The article focuses on a retired educator who has put together a portfolio of activities to meet his goal of “balancing a life of leisure with a life of purpose.”.

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For Many Boomers, Work is the New Retirement

Small Business Labs

Transamerica's Center for Retirement Studies recently released the results from their 17th annual U.S. retirement survey.    As with prior years, it's full of interesting data on the retirement preparations and plans of Americans of all ages.  The big change is around work.

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More Americans Plan to Delay Retirement

Small Business Labs

We've written so often for so long about Americans - and especially baby boomers - delaying retirement that I'm honestly getting tired of the topic. Key quote on their findings from an AP article on the study : Some 82 percent of workers 50 and older say it is at least somewhat likely they will work for pay in retirement.

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Most Feel Classic Retirement No Longer Affordable

Small Business Labs

Transamerica  released their 13th annual retirement survey.  They cover a lot of areas related to retirement and their full report does a nice job with the details.   The quick summary is only 39% of respondents believe they are buiding a big enough nest egg to fund a traditional retirement.

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For Retirement, 80 May be the New 65

Small Business Labs

We've long been forecasting and writing about the growing trend of Americans working past traditional retirement age.    I haven't had a chance to review the entire survey, but 75% saying they plan on working in retirement is quite a bit higher than 55%-65% shown by past surveys on this topic. 

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Retirement 3.0 Includes Working, But With Lots of Flexibility

Small Business Labs

The Retirement Reset Study  is a joint effort by the Sun Financial Group and Age Wave.    Their key study finding is we are entering a new phase of retirement they call Retirement 3.0, " A big part of this new retirement is the inclusion of work.    They want very flexible work.