Planning on retiring at 65? Most Americans retire far earlier and not by choice. CBS News

Image for article Planning on retiring at 65? Most Americans retire far earlier  and not by choice.  CBS News
News Source : CBS News

News Summary

  • Workers by and large believe they'll retire at 65, the nation's traditional retirement age
  • The median retirement age for Americans is actually 62, according to new research
  • Seven in 10 retirees stopped working before they turned 65, a new report found
  • About one-third of workers currently have less than $50,000 in savings and investments
American workers by and large believe theyll retire at 65, the nations traditional retirement age. But real life often gets in the way of those plans, with new research finding that the majority ac [+3892 chars]

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