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Fact of the Week: 6 January 2014

Half of Retirees under Age 65 Report That They Retired Involuntarily

Among adults age 50+ who are retired, “a third (33%) report that they did not feel they had a choice except to retire. Feeling like retirement was not by choice is more common among younger retirees, with 54% of retirees under age 65 feeling they had no choice but to retire compared with 23% of retirees 65 or over," according to a 2013 survey by the Associated Press-NORC Center for Public Affairs Research.
       
Benz, J., Sedensky, M., Tompson, T., & Agiesta, J. (2013). Working longer: Older Americans' attitudes on work and retirement. The Associated Press and NORC. Retrieved from www.apnorc.org.
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