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Poll Result: At What Age Would You Like to Retire?

June 18th, 2007 at 02:07 pm

An interesting result to my first reader poll. The results show a distinctly bi-modal distribution with people exhibiting a preference either for "early retirement" ie. early 40's or else a "conventional" retirement age of around 58-65.



I think that the results show that many people will be unable to retire as soon as they'd like, as it seems unlikely that 30%+ of those polled would have sufficient retirement funds accumulated by age 46.

I found it interesting that not many people aspire to retiring in their late 40's/early 50's. Either most people are targetting their retirement savings plans to achieve a required amount by the time they reach 60-65, or else they are happy to work until 60-65 even if they expect to have accumulated the minimum needed to retire before they hit 60.

It also shows the importance of having disability and/or loss of income insurance in place, as people who are "on track" to retire comfortably at 60-65 will be in dire straits if they are forced to cease work in their 50's due to ill-health or accident.

1 Responses to “Poll Result: At What Age Would You Like to Retire?”

  1. fern Says:
    1182181978

    The way the question was posed didn't make it clear whether you meant at what age woudl you REALISTICALLY like to retire or at what age would you like to retire if $$ were no object. I think either question would give you very different answers.

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