Millions of Americans Are Retiring Earlier Than They'd Planned To -- Here's Why
You may face multiple problems if you're forced to retire early.
Millions of Americans Are Retiring Earlier Than They'd Planned To -- Here's Why
Overview
What's your plan for retirement? Every investor should have a solid plan in place for what happens when the work ends, which includes taking the time to study their expenses, estimate how much income they'll need in retirement, and, importantly, figure out how they'll get that income.
But as the Scottish poet Robert Burns noted in a poem, "The best laid schemes o' Mice an' Men, / Gang aft agley" -- that is, our plans often go awry.
Details
Indeed, according to the 2026 Annual Retirement Study from the folks at Allianz Life, "42% of Americans retire earlier than expected -- often due to circumstances beyond their control."
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
