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Chart of the Day: 58% Retire Sooner than Planned

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer 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

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

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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