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Retirement comes early, plans to work aside

Many retire earlier than planned (nearly half) and fewer (only about 25 percent) work for pay.

By Marlene Y. Satter | Updated on September 10, 2014
Few people actually work as long as they'd like.

People know they need more money to pay for retirement, so they plan to work longer and retire later.

However, a new research paper published by the Pension Research Council at the Wharton School says that there’s a substantial disconnect between what people say they’re going to do and what they actually end up doing — and that they should plan for their plans to be thwarted.

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