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Many forced to retire before they're ready: LIMRA

LIMRA Retirement Research finds that for 49 percent of retirees, their retirement date was dictated by job loss due to layoffs, employer buyouts, negative work environment or because of health issues.

By Paula Aven Gladych | Updated on August 16, 2013

Nearly half of all retirees had to leave the workforce early and for factors that were beyond their control, a survey by LIMRA has found.

LIMRA Retirement Research found that for 49 percent of retirees, their retirement date was dictated by job loss due to layoffs, employer buyouts, negative work environment or because of health issues. Only 45 percent of retirees said they retired when they planned, and 6 percent retired later than planned.

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