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FACT OF THE WEEK
 

4 in 10 non-retirees expect to move to a less expensive city or town when they retire

 

 

According to a 2017 survey conducted for AICPA by Harris Poll, "non-retired Americans are more likely than those who are currently retired to plan on making at least one financial sacrifice in retirement (92% vs. 72%). In fact, non-retired Americans are more likely to anticipate a sacrifice in every category, including:
 
Working full-time longer than expected (45% non-retired vs. 11% retired);
Working a part time job (43% non-retired vs. 17% retired);
Moving to a less expensive city or town (40% non-retired vs. 22% retired);
Forgoing medical care or treatment (28% non-retired vs. 14% retired)."
       
 
 
         
American Institute of Certified Public Accountants. (2017). Less than half of non-retired Americans confident they'll reach financial goals by retirement: AICPA survey. Retrieved April 28, 2017, from this source.
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