Nearly 1 in 4 Americans over 50 are delaying retirement due to economic concerns, survey finds
CBSN
Older Americans are kicking the can down the road on retirement over concerns about the economy and their own financial readiness to step back from work.
That's according to a new survey from F&G Annuities & Life, which polled 2,000 U.S. adults over 50 years old. The life insurance and annuities company found that 23% of those polled have already decided to delay their retirement as they grapple with questions about their financial readiness, up from 14% in 2024.
The findings come at a time when the median savings of 55-year-olds is just $50,000, far from enough to fund a secure old age, according to another recent study by Prudential Financial.
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