American workers have changed their view of retirement in light of the recession, according to a new study by Transamerica Center for Retirement Studies.
The 13th Annual Transamerica Retirement Survey found that the majority of workers plan to work past age 65 and 54 percent plan to continue working after they retire. Only 39 percent of the 3,600 interviewed as part of the survey said they felt they had saved enough for retirement.
"American workers are adjusting their expectations of retirement, including working past age 65 and planning to work part-time in retirement," said Catherine Collinson, president of the Transamerica Center for Retirement Studies. "American workers have reshaped their vision of retirement, now it's time to provide an updated roadmap to help them achieve retirement income to last throughout their lifetime."
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