Retirement Age Expectations vs. Reality

By Matt Forrey, RBC Wealth Management Financial Advisor, Resident since 2009

Workers typically plan to retire much later than the actual age reported by retirees. In the 2022 Retirement Confidence Survey, 65% of workers said they expect to retire at age 65 or older (or never retire), whereas 69% of retirees left the workforce before reaching age 65. When choosing a retirement age, it might be wise to consider a contingency plan.

Feel free to contact me at matthew.forrey@rbc.com or call my office directly at 925-279-1710 with any questions or comments.

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