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Lack of Savings Causes More Americans to Delay Retirement

By |October 24, 2013|Categories: Breaking News, Retirement Planning|Tags: , , , |

Not prepared for retirement? You’re not alone. A new study found that more than one-third of all middle class Americans don’t ever plan to retire. Instead, they believe they will be working until they die or are no longer physically able. Another third expect to work until they are at least 80, in order to have enough saved for retirement.

Working for Life

Wells Fargo conducts the same study annually and over the past few years, the long term care insuranceresults have continued to show a worse financial forecast than the previous year.[…]