In 1991, the typical reported retirement age was 57; in 2022, it was 61, based on a Gallup survey of greater than 1,000 U.S. adults.
The rise is maybe not stunning given latest inflationary strain, but it surely paints a troubling image of what is forward if People do not set themselves up for retirement within the years to return.
And a brand new survey from private finance useful resource GOBakingRates means that lots of them will not. The analysis, which surveyed over 1,000 U.S. adults, revealed that just about 40% of People are contributing nothing to a retirement fund — and 30% of them say they will by no means be capable of retire.
