Earlier Retirement Trends in US

New data reveals that Americans are retiring earlier than the traditional sixty-five, with men averaging sixty-four point six and women sixty-two point six. This shift is due to health issues, job loss, and spousal retirement influences. Meanwhile, a growing number of older adults are working beyond sixty-five, driven by Social Security changes, financial risks, education levels, health coverage needs, and longer, healthier lives. The future may see a more flexible retirement stage, with younger generations likely to retire later due to student debt and housing costs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.