“When I retire, I’m going to __________!”
Do you already have this blank filled in, possibly with more than one answer? At what age will your "official" retirement begin? Depending on where you live in the world, the average age of retirement could be vastly different. Check out the five highest and lowest retirement ages around the globe.[i]
The average age at which non-retired Americans expect to retire is 66. According to a recent Gallup poll, the average age at which U.S. retirees report retiring is 62, the highest number since first asking Americans this question in 1991. When do you want to retire? [ii]
CoPilot, PAi’s managed 401(k) retirement savings service will help you plan for retirement. With CoPilot, you’ll see just how many years of retirement your savings will buy, not just an account balance. CoPilot uses the Years of Retirement planning calculator to help translate 401(k) dollars into how many years of retirement you can afford. Life is full of surprises, don’t let your retirement be one of them. Calculate my retirement
Let’s talk about ways to help you reach your retirement goals. Contact us online or give us a call at 800.236.7400.
[i] http://www.benefitspro.com (2017). Retrieved from http://www.benefitspro.com/2017/08/16/5-lowest-5-highest-retirement-ages-across-the-glob