Most Older Americans Think They Won't Need To Work In Retirement. Are They Right?

Retirement will cost the average American $828,000, and when we think of the many expenses seniors face, coupled with increasing life expectancies, that number makes sense. It's somewhat surprising, then, to learn that only 16% of older Americans expect to work during retirement due to a need for money. That's the latest from a new Schwab survey of adults aged 54 to 70 who are saving in a 401(k) plan.

Topics:  americans   schwab   source   images   american   work   retirement   adults   
BING NEWS:
  • Donald Trump Can't Find Enough Americans to Work at Mar-a-Lago
    In 2023, Mar-a-Lago brought on a total of 136 foreign workers for seasonal work, according to Department of Labor data. Mar-a-Lago made the following requests for foreign workers: 53 waiters and ...
    05/21/2024 - 4:48 am | View Link
  • Native Americans Have Highest Rates of Cognitive Decline, New Study Finds
    A recent study has found that 54% of older American Indians have cognitive impairment, and 10% have dementia. “These results underscore that cognitive impairment among elder American Indians is highly ...
    05/20/2024 - 1:05 pm | View Link
  • Americans work hard. We deserve to have paid time off | Opinion
    We also need to normalize the idea that it’s ok to take time off from work for recreation and to improve mental health. Americans are some of the hardest working people in the world, and we deserve to ...
    05/18/2024 - 11:15 pm | View Link
  • Job training program aims to get older Americans into workforce
    The Senior Community Service Employment Program is a community service and work-based job training program for older Americans, according to the U.S. Department of Labor’s website. The program was ...
    05/18/2024 - 1:17 am | View Link
  • Why Americans' confidence in finding a new job is tanking even as the labor market is humming along
    Americans are the most pessimistic they've been in years about their chances of finding a new job if they lost their current one, a survey suggests.
    05/17/2024 - 11:18 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News