Retirement Confidence?

I have previously referenced in my blog the publications and work of the Employee Benefit Research Institute (EBRI) which can be found at
Recently the EBRI published their Annual Retirement Confidence Survey (RCS) for 2014. The survey has been published for the last 25 years, and if you have the time, you can read all the previous surveys and compare them.
The RCS is, according to their website, “The longest running survey of its kind in the nation.” The survey is based on 1,000 random surveys of respondents who are over 25 years of age, which would include the Millennial Generation!
Fact Sheet #2 of the 2014 survey is about “The Changing Expectations about Retirement” and makes for very interesting reading. Fully 33% of workers report that they expect to retire after age 65 and 10% don’t plan to retire at all – according to those surveyed. I have previously posted an article/blob “Running From Retirement” on my website which confirms that people are indeed not rushing toward their golden retirement years.
Reasons given for holding off on retirement: 25% cited ‘poor economy’ as the reason for postponing retirement and 18% cited ‘can’t afford to retire’. Another 6% cited ‘need to support/care for children/grandchildren as their main reason for delaying their retirement plans. Thus, potential retirees are not only concerned about their own financial security, but also concerned about the future needs of their adult children and grandchildren.
An amazing 65% plan to work for pay in retirement. (You can read my previous articles/blogs about some of the interesting money-making second careers that post-retirees are entering)

If you have questions about retirement planning, contact me through my website at
or call or text me at 719-963-2933

Please read my full disclaimer at the bottom of this page and the column, “How I Can Help You”

Working To Preserve Your Wealth and Protect Your Future…in a Constantly Changing World.


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About Attorney Barbara Ann Dalvano

Attorney in Denver, Colorado with extensive practice experience in the areas of Estate Planning, Wills and Trusts, Business Succession Planning, Probate, Contract Law.

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