Why Do People Retire?

July 2003
Journal of Financial Planning;Jul2003, Vol. 16 Issue 7, p21
Academic Journal
The article deals with a survey by the National Council on the Aging to determine the important reason or reasons people decided to retire. The biggest reason was qualifying for Social Security. Other reasons are accumulated savings, family reasons and pressure from employer. Among those over age 65, 58 percent considered themselves completely retired.


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