Many who ‘want’ to retire later in life actually need to, study says

February 13, 2023 by Nathan Place

In recent years, Americans have been retiring later and later in life. But are they working longer because they want to, or because they need to? According to new research, the difference is not so clear-cut.

That’s the upshot of a new study by Voya Cares, a research division of the investment firm Voya Financial, and Easterseals, a nonprofit that provides services to disabled Americans. The study surveyed 1,062 adults over age 50 who either delayed or plan to delay their retirement — a group called “employment extenders” — and asked them why they had or would postpone leaving the workforce.

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Originally Posted at Financial Planning on February 10, 2023 by Nathan Place.