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The Changing Face of Retirement
What at one time was the norm—throw in the towel at 65 head for the comfort of retirement—appears to be vanishing. So say the results of a Nationwide Retirement Institute survey reporting that “nearly six in ten pre-retiree investors said that their expectations for retirement have changed significantly in the last five years.”
A post by Insurance Newsnet contributor Ayo Mseka explores the reasons for this shift in retirement planning, noting that the predominant causes are the steady erosion of defined benefit opportunities and evolving family dynamics. Lingering worries on the inflation front and market volatility have also contributed to the landscape shift, Ms. Mseka notes in her article. Check her article out here…
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