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Chart of the Day: Age to Retire of 61

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Dec 15, 2023
Age expected to retire in blue, age retired in black

Contents

Today’s Chart of the Day from a Gallup Survey shows that the retirement age of 61 has not materially changed over the last 20 years. It also shows that many expect to retire at age 66, five years later than they actually do. Though there are theories why many retire earlier than planned, no one reason is significant, and it is good to be prepared for such an event.
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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