American workers' retirement confidence falls as early retirement proves common
Updated
Updated · Money · May 5
American workers' retirement confidence falls as early retirement proves common
7 articles · Updated · Money · May 5
An EBRI survey found 61% feel confident about retirement, down from 67% a year earlier, while 46% of people retiring in 2025 said they left work sooner than expected.
Health problems, layoffs and caregiving were major drivers of early exits, and labour data shows workers over 55 who lose jobs are much less likely to be rehired.
Rising costs, debt and uncertainty over Social Security and Medicare are adding pressure, prompting advisers to urge backup income sources, lower debt and more flexible retirement planning.
What financial blind spots are pushing millions toward an unplanned and insecure retirement?
Why is the popular plan to 'just work longer' a dangerous gamble for your retirement?
With Social Security's trust fund only six years from depletion, what does the future of retirement income look like?