Categorized | Retirement Transitions

Expected Age of Retirement Now 66

On average, U.S. workers today expect to retire at an average age of 66–substantially higher than the expected retirement age of 60 in the mid-1990s, according to a Gallup survey. Here is how the percentage who expect to retire when they are 66 or older has grown over the years…

Percentage of workers who expect to retire at age 66 or older
2018: 41%
2015: 37%
2010: 34%
2005: 31%
2002: 21%
1995: 12%

Source:  American Consumers Newsletter, May 2018
Provided by Sharon Lenius

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