“What’s the Ideal Retirement Age? Here’s What Americans Think,” by Ginger Szala

“The study found that, on average, Americans think the ideal age to retire is 61, and the right time to begin saving for retirement is 22. Women see the ideal age to retire as 62, while men see the right age as 60. Those who make less than $50,000 a year believe people should start saving for retirement at age 23, two years later than those who make more than that amount. Republicans think saving for retirement should start at age 20, while Democrats said 23.””

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Interesting. Evidently Americans do realize they need to save for retirement and start early. But something interferes between that realization and its actualization. Could it be government transfers that lift half the population to median income by taxing the other half? See “LTC Bullet: The New Fallacy of Impoverishment,” Friday, June 29, 2018.

What’s the Ideal Retirement Age? Here’s What Americans Think

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