Study Examines When Workers are Retiring

A new report from the Employee Benefit Research Institute (EBRI), "Are Workers Rethinking Retirement Age?” finds that while the retirement age had been slowly rising, the trend appears to be slowing. In its report, EBRI indicates that:

“Since 2009, between 20 and 25 percent of workers have reported that the age at which they expect to retire increased in the last year. However, according to the 2014 Retirement Confidence Survey (RCS), only 15 percent of workers report an increase in their expected retirement age in the past year, compared with 22 percent in the 2013 RCS…However, the median (midpoint) age at which workers expect to retire has remained stable at 65 for most of the 24-year history of the RCS.”

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