Americans Are Retiring Later: Here's Why
- Larry Kavanaugh, Jr.
- Sep 15
- 1 min read
Employers can help improve retirement readiness, so workers retire on time.
More workers are planning to retire at 70—or never. This could impact your workplace.
What’s holding them back?
High savings goals
Debt and other financial stressors
Healthcare concerns
Anxiety about leaving work
The good news? You can help them feel more ready for retirement by providing helpful education, promoting catch-up savings options, sharing practical healthcare strategies, and offering phased retirement options.
Let’s chat if you’d like to talk more!
Northeast Retirement Plan Advisors
Larry Kavanaugh, Jr. AIF®, CPFA, CLU, ChFC
950-A Union Rd.
Suite 31
Buffalo, NY 14224
716.674.6200x237
716.674.7000
Securities and advisory services offered through LPL Financial a registered investment advisor, Member FINRA/SIPC.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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