Only 10% Of Non-Retired Americans Will Wait Until 70 To Claim Social Security
In a survey, 44% said they are concerned Social Security may run out of money and stop making payments.
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In a survey, 44% said they are concerned Social Security may run out of money and stop making payments.
Two of every 5 non-retired Americans plan to take their Social Security benefits before hitting their full retirement age, a Schroders survey found.
Millennial and older workers expect it will take greater than $1 million saved in a workplace retirement plan to retire comfortably.
Americans are worried that higher prices will undercut their retirement planning, and Social Security won't be enough.
While U.S. workers aged 45 and older believe it takes, on average, $1.1 million in savings to retire comfortably, just 21 per cent expect to reach this goal, down from 24 per cent in 2022, according to a new survey by Schroders. The survey, which polled more than 2,000 employees, found more than half (59 […]