Many older adults think they will never retire and worry about making ends meet, study finds

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Many older adults think they will never retire and worry about making ends meet, study finds
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Gordon Severson shares expert advice on what you need to know before you hit retirement age, from how much you need to save to budgeting.

Everyday expenses and housing costs, including rent and mortgage payments, are the biggest reasons why people are unable to save for retirement.WASHINGTON — About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire and 70% are concerned about prices rising faster than their income, an

The data will matter this election year as Democratic President Joe Biden and Republican rival Donald Trump are trying to win support from older Americans, who traditionally turn out in high numbers, with their policy proposals. The share of people 50 and older who say they do not expect to retire has remained steady. It was 23% in January 2022 and 24% that July, according to the study, which is conducted twice a year

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About 1 in 4 US adults 50 and older who aren't yet retired expect to never retire, AARP study findsAbout 1 in 4 US adults 50 and older who aren't yet retired expect to never retire, AARP study findsGordon Severson shares expert advice on what you need to know before you hit retirement age, from how much you need to save to budgeting.
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