Americans Are Retiring Later: Here’s Why

Employers can help improve retirement readiness, so workers retire on time.

More workers are planning to retire at 70—or never. This could impact your workplace. What’s holding them back?

• High savings goals

• Debt and other financial stressors

• Healthcare concerns

• Anxiety about leaving work

The good news? You can help them feel more ready for retirement by providing helpful education, promoting catch-up savings options, sharing practical healthcare strategies, and offering phased retirement options.

Check out our guide here

Let’s chat if you’d like to talk more!

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Securities and advisory services offered through LPL Financial a registered investment advisor, Member FINRA/SIPC.

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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