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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
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Recession altered retirement expectations

Posted by RJ and Makay on Jul 19, 2011

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The recession and financial crises of 2008-2009 has had a big impact on the retirement plans of  Americans age 55 and older.  A decade ago, this group of pre-retirement and retirement-age citizens expected to retire at age 64.  Now, on average, they expect to retire five years later, at age 69, according to The Sun America Retirement Re-set Study based on a recent Harris Interactive survey conducted for SunAmerica.