F&G finds 51% of pre-retirees plan to semi-retire rather than stop working
A same-day WTW survey found 36% of U.S. employees feel financially secure, down from 46% in 2019.
At a glance
An F&G survey of pre-retirees found 51% plan to semi-retire rather than stop working, and only 21% equate retirement with quitting work outright.
On the same day, WTW reported that the share of U.S. employees who felt financially secure fell to 36% from 46% in 2019.
Morningstar reported that the 2032 exhaustion date for Social Security's retirement trust fund holds and the funding gap widened to 4.42%; absent legislation, benefits would be cut about 22%.
An F&G survey of pre-retirees found 51% plan to semi-retire rather than stop working, and only 21% equate retirement with quitting work outright. The same survey found 51% expect to retire later than they originally planned; a second F&G survey put the share of pre-retirees weighing a delay at 75%.
On the same day, WTW reported that the share of U.S. employees who felt financially secure fell to 36% from 46% in 2019.
Morningstar reported that the 2032 exhaustion date for Social Security's retirement trust fund holds and the funding gap widened to 4.42%; absent legislation, benefits would be cut about 22%. Morningstar also put retirement shortfall risk at 40% to 45%, and excluding long-term-care costs lowers that figure by about 25%.
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