Review: Americans aren’t loving retirement like they used to — here’s why

Review: Americans aren’t loving retirement like they used to — here’s why

We’re in the business of helping people have the retirement that they want. And unfortunately, more and more people need our help. This article talks about a study that looks at retirement satisfaction from 1998 – 2012, and the data is clear – people are becoming less satisfied with their retirement through time. In 1998, 61 percent of people were “very satisfied” with their retirement, and only 8 percent were “not at all satisfied” with their retirement. Fast forward to 2012, and 49 percent of people said they were “very satisfied,” and 11 percent said they were “not at all satisfied.” There was a pretty obvious jump in the data – but it’s not where you are guessing. You would expect more people would become dissatisfied with their retirement right around about 2008. And some people did – there was a downward trend between 2006 and 2010. But the big drop was from 2002 – 2006. The number of people who were “very satisfied” dropped by almost 8 percent and the number who were “not at all satisfied” rose by more than 3 percent. This may pique the curiosity of the data geeks among us, but there is some actionable […]

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Source: Retirement Researchers

Review: Americans aren’t loving retirement like they used to — here’s why

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