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Many don't expect to quit work when they retire

Many don't expect to quit work when they retire
Posted at 11:08 PM, Sep 06, 2020
and last updated 2020-09-07 00:08:26-04

Many people don't expect to stop working once they retire.

A new study found 54 percent expect to have some kind of job when they retire.

Of the 1,000 people who were surveyed, 56 percent said they want to keep working for their mental health.

And 40 percent said they want the extra income to keep a safety net "just in case."

The survey also showed that being prepared for retirement remains a goal for most people and that 55 percent said they prefer to save for retirement rather than be completely debt-free now.