Savings and InvestmentsMutual Funds |
What are the main reasons people are delaying retirement? |
Twenty-nine percent cite the weak economy as the underlying reason. Other reasons include change in employment situation (22%), can’t afford to retire (16%), need to make up for losses in the stock markets (12%), lack of faith in social security (7%), need to pay current expenses first (6%), increase assets to retire well (6%), unsure about stock market (5%), health care costs (4%), and changes in minimum age requirements (4%).