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Stock impact report

3 Retirement Concerns To Plan for Now as Over Half of Americans Aim To Live to 100 [Yahoo! Finance]

Corebridge Financial Inc. (CRBG) 
Company Research Source: Yahoo! Finance
But for now, making it to 100 is the more realistic milestone — and more than half of Americans have a goal of getting there, according to a new study. The challenge is developing a retirement plan that can take you comfortably through three decades or more Check Out: 7 Things You'll Regret Downsizing in Retirement Explore More: One Smart Way To Grow Your Retirement Savings in 2024 Despite aspirations of celebrating a 100th birthday, only 26% of Americans believe they will have to work past age 70, according to the Corebridge Financial and The Longevity Project study, which included a survey of 2,284 U.S. adults. Four in 10 respondents said they plan to retire between ages 65 and 69. More than one-fifth (22%) expect to retire between ages 62 and 64, while 12% plan to retire between 50 and 61. “Balancing the age you want to retire with your financial situation can be challenging,” Bryan Pinsky, Corebridge's president of Individual Retirement, said in a March 12 press release. “ Show less Read more
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