Over Half of Adults Age 50-64 Plan to Delay Retirement

A recent Pew Research survey indicates that over half of working adults age 50-64 plan to postpone their retirement in light of the impact that the financial crisis has had on their retirement savings.

The survey indicated that recent investment losses--not levels of income--are the primary factor that leads to angst among those who are set to retire in the near-term:

But regardless of income or age, those who have lost 40% or more of their investment nest eggs are roughly twice as likely as those who haven't lost money in the market meltdown to say they have thought about delaying their eventual exit from the workforce.

Source: Pew Research Center

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