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Fact of the Week: 23 June 2014

Half of Full-time Workers Plan to Retire after Age 65

Among 4000 full-time employees participating in retirement plans, "in 2013, only 25% of workers planned on retiring before 65 and half expected to retire after 65." In contrast, "in 2009, 31% of workers planned on retiring before age 65 and 41% planned on retiring after 65," according to a 2013 Towers Watson survey.
       
Gardner, J., & Nyce, S. (2014). Workers still uneasy about financial security and retirement. Results from Towers Watson's 2013/2014 Global Benefit Attitudes Survey. U. S.: Towers Watson. Retrieved from www.towerswatson.com.
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