Study Finds Expected Retirement Age Rising

A new study finds that workers' expected retirement age is slowly increasing. A report from the Employee Benefits Research Institute (EBRI), "Expected Retirement Age Continues to Rise," states:

"The age at which workers expect to retire is slowly rising, according to a recent report by the nonpartisan Employee Benefit Research Institute (EBRI).

Twenty-five percent of workers in the 2013 Retirement Confidence Survey say the age at which they expect to retire has changed in the past year, and of those, the vast majority (88 percent) report that their expected retirement age has increased. This means that in 2013, 22 percent of all workers planned to postpone their retirement."

For the full report, click here.