"One of the most fundamental components of effective retirement planning is envisioning your future self the life you want and how you expect to fund it securely, said Caroline Feeney, global head of retirement and insurance at Prudential. This year's Pulse Survey makes clear that even across different economic and cultural contexts globally, one trend emerges: while many people feel ready, far fewer have taken action to ensure they're ready."
"Americans who can clearly picture their post-work life are nearly twice as likely to work with an adviser and three times as likely to have a written plan. Many Americans reported that they expect to keep working past traditional retirement age. Nearly 80% said they would consider working in retirement, with about half interested in self-employment or freelance work. That finding dovetails with the recent 2025 U.S. Retirement Survey by Schroders,"
About 60% of affluent U.S. adults work with a financial adviser, 32% have a written retirement plan and 25% have a clear withdrawal strategy. Envisioning the desired post-work life and how to fund it is a key component of effective retirement planning. Individuals who can clearly picture their post-work life are nearly twice as likely to work with an adviser and three times as likely to have a written plan. Nearly 80% of Americans said they would consider working in retirement, with about half favoring self-employment or freelance work. Many expect to financially support adult children or both children and parents. Only 23% trust AI as much as human advisers, and 94% of those working with professionals are confident they can cover essential retirement expenses.
#retirement-planning #financial-advisers #retirement-readiness #working-in-retirement #family-financial-support
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]