We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode 154: Early Retirement, Part 1

154: Early Retirement, Part 1

2016/7/13
logo of podcast Be Wealthy & Smart

Be Wealthy & Smart

Shownotes Transcript

Learn reasons Americans don’t retire when they want to, how many retire unexpectedly, and how confident they are or aren’t about affording a comfortable retirement.

About 45% of Americans are retiring earlier than they expected and also 45% are retiring about when they planned.

5% are retiring later than expected.

Why people retire earlier than planned:

  1. Hardship 60% 2. Able to afford it 35% 3. People desire to do something else 25% 4. Company changed, downsized or closed 5. Other work related reasons 6. Care for a family member 7. Change in required skills