Empower Institute: American Savers Have New View on Retirement

Empower Institute: American Savers Have New View on Retirement

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American workers close to retirement and those who already have retired agree on one thing: the idea of retirement needs to be redefined.

Retirement is no longer about reaching a certain age. It’s more of a mindset and American workers close to retirement, or pre-retirees, are eagerly looking forward to the next chapter in their lives. That’s according to survey results from Empower Institute, the research arm of Empower Retirement. The results of the survey are published in a white paper, Rethink, Rewire, Retire on the Empower Institute website.

According to the survey results:

  • 83% of pre-retirees said they expect to live their best life in retirement
  • 83% of pre-retirees said they would rather save more money today so they don’t have to cut back in retirement
  • 81% of pre-retirees said there are more job and career opportunities for people post retirement

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