The majority of today's retirees are maintaining their pre-retirement standard of living, work sparingly and by choice, and left the workforce prior to when they had anticipated, according to the Transamerica Center For Retirement Studies, a non-profit think tank funded by Transamerica Life Insurance Co. Transamerica surveyed more than 2,000 retirees with a median age of 71. While many report being healthy and satisfied in retirement, some critical data — such as low median total savings and an increasing dependence on social safety nets that are headed toward insolvency — suggest the arguably positive experience of today's retirees also points to areas of policy shortcomings. The slides above show 10 data points from the Center's annual survey, providing a window into the quality of life of today's retirees. READ MORE: Top 15 states for retirement How much income do retirees really have? Retirees spending more than they thought in retirement 5 most, least tax-friendly states for retirement
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
