Retirement Expectations Versus Retirement Realities. There’s a large and troubling gap between the two
There exists a large and troubling gap between retirement expectations and retirement realities, according to the results of a recent online survey conducted by the Harris Poll on behalf of Prudential Insurance. [See “Planning Your Retirement? Expect the Unexpected” by Salene Hitchcock-Gear, Pres. Prudential Advisors] For starters, the average anticipated retirement age of pre-retirees was 65, while the actual retirement age of retirees was age 59–a six-year gap which is expected to widen into the future. Moreover, approximately half (51%)…