Nearly seven in 10 still-working investors say they may work after they retire, including 44% who believe that they will have to work out of necessity, according to Nationwide's eighth annual Advisor Authority survey.
The survey, which was powered by the Nationwide Retirement Institute, revealed a host of insights about post-retirement plans for today's investors. For instance, 40% of non-retired investors plan to move to a different city or region after retiring. The most common reasons for the planned move are lower cost of living (43%) and lower taxes (34%), showing the extent that economics are driving decision-making.
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