A laid-back retirement? It's not in the works for most younger investors, who see already that they're probably going to have to keep working in their golden years, to stay afloat – for both fiscal and lifestyle reasons.
Data from T. Rowe Price's IRA Survey indicates that almost three-quarters of investors aged 21-50 recognize that they will likely continue to work, either full- or part-time, during their traditional retirement years, though the reasons are more optimistic than most surveys.
Three-quarters of those who suggested they'd still work part-time told the investment management company they would be doing it to remain active and involved in the business world, while less than a quarter said it would be a necessity because they hadn't saved enough money for retirement.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
