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Are you planning to retire by 65? A compelling study featured in The Wall Street Journal reveals a significant disparity between how long workers intend to stay in the workforce and when they actually retire.

According to the Employee Benefit Research Institute’s survey, while many envision working until or beyond 65, the median retirement age remains steadfastly at 62, which coincides with the earliest age to claim Social Security benefits.

The reasons behind premature retirements range from health issues to involuntary job losses.

Read more in this article by Anne Tergesen in the Wall Street Journal to find out how retiring in today’s economic climate can affect your post-retirement working life and financial stability: Retire at 65? It’s More Like 62

 

Elder law attorney, Terry Garrett, CELA, is a member of the National Academy of Elder Law Attorneys and is an Approved Guardianship Attorney. She assists people in elder law, estate and special needs planning, guardianship and settling estates. She graduated with honors from Cornell University. She was on the Dean’s List at Wharton Business School. She earned her J.D. at Columbia Law School, receiving the Parker Award and a Mellon Fellowship.

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