older woman worker Current retirees’ average age of retirement is 61, which is considerably lower than the age at which workers still on the job say they’ll finally throw in the towel. (Photo: Shutterstock)

American workers still on the job say they anticipate retiring at age 66, pretty much what they’ve said for the last few years. But it’s a rise over previous decades, with age 60 being the anticipated point of retirement during the 1990s.

According to a Gallup poll, Americans’ anticipated retirement age has stabilized between 65 and 67 since 2009. But before that, it was a tad lower, averaging 64, between 2002 and 2008, and even lower than that, at 60, in two Gallup surveys conducted in 1995.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com 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?

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.