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Going forward, one in eight us adults over 55 now plan to delay retirement
A new survey from YouGov and Smart, a benefits advisory company, reveals increased retirement income concerns among many plan participants. Visit here for more details.
December 10, 2020 / New research by YouGov on behalf of Smart suggests that one in eight US adults (13%) over the age of 55 who expect to retire in the future are planning on delaying their retirement due to the Covid-19 pandemic.
When asked what age they plan to retire, 39% of the US adults over 55 reported the range of 65-69 while 18% reported 70-79. The research also suggests that half mentioned being able to afford healthcare costs (e.g., paying for medication, medical appointments or procedures, etc.) as a concern regarding their finances during retirement.
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About Smart
Smart is a global savings and investments technology provider. Its mission is to transform retirement, savings and financial well-being, across all generations, around the world.
Smart partners with financial institutions (including broker-dealers, RIAs, retirement providers, insurers, asset managers, banks) and financial advisers to deliver retirement savings and income solutions that are digital, customized, and cost-efficient.
Smart, founded in the UK, operates in the USA, Europe, Australia and the Middle East with close to a million savers entrusting over $3 billion** in assets on the platform. Smart supports its clients with a 650 strong global team and saw over 2,000%* growth in assets on its platform since 2018.
Legal & General, J.P. Morgan, the Link Group, Barclays, Natixis Investment Managers, Chrysalis Investments, and DWS Group are all investors to date in Smart.
For more information, please visit www.smartretire.com.
Media contact for Smart:
Jacqueline Silva
Caliber Corporate Advisers for Smart
Jacqueline@calibercorporate.com