Thursday, April 26, 2018

CareerBuilder Reports More than Half of Workers 60 and Over are Postponing Retirement

According to a survey conducted online by Harris Poll for CareerBuilder, 53% of workers aged 60 and older say they are postponing retirement, with 57% of men putting retirement on hold compared to 48% of women1; 40% of older workers don't think they'll be able to retire until 70 or older.

When asked whether they are putting retirement plans on hold because they are unsure of how much to save, 24% say that they do not know how much they will need to save for retirement. Women are much more likely to be unsure of how much to save than men--31% to 17% percent, respectively.

Source: CareerBuilder Press Release (April 26, 2018)

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