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Chart of the Day: 58% Retire Sooner than Planned

Crews Bank & Trust Wealth Management Services Jun 19, 2025
Donut chart showing percentage of when retirees exited the workplace

Contents

Today’s Chart of the Day is from Yahoo Finance showing when retirees exited the workforce. A shocking chart showing that 58% of workers retire sooner than planned due to health issues, downsizing, or having to care for family members.
 
The article accompanying the chart noted that 62 is the average age of retirement and there is an increasing trend to “partially” retire, which now makes up 53% of retired workers. "Partially" retiring means going part-time at your current employer, getting a part-time job in a new company, or working on side hustles such as online sales or for the gig economy for companies like Uber.
 
The takeaway: Don’t assume that things will go smoothly as you get closer to retirement and plan accordingly.
Chart of the Day

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Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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