Headlines may tout an economic recovery, and some studies may find Americans' financial situation improved, but that's not playing out when it comes to their retirement plans.

According to Willis Towers Watson's "Global Benefits Attitudes Survey," 23 percent of U.S. employees believe they'll have to work past the age of 70 if they're going to live comfortably in retirement.

And that's if they think they'll be able to retire at all; another 5 percent don't think they'll ever be able to retire. According to the survey, while the average U.S. employee expects to retire at age 65, they admit there is a 50 percent chance of working till they turn 70 years old.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.