Alert
Close

Get free help preparing your taxes from AARP Foundation Tax-Aide. Find a location

Highlights

Open
Celebrate Black Life, History, and Culture!
Rewards for Good Sweepstakes
Happy African American couple
Life at 50+ - Register for the Digital Experience
AARP Auto Buying Program

Contests and
Sweeps

Rewards for Good Sweepstakes

Learn about Rewards for Good and you could win $25,000! See official rules.

PROGRAMS & RESOURCES

Best Employers for Workers Over 50

See the latest winners of this AARP recognition program.

Your Own Business

Information for business owners, entrepreneurs and the self-employed.

Back to Work 50+

Connecting employers and unemployed workers 50+.

Most Popular
ARTICLES

Viewed

Forced to Work Longer

73 now the average age for comfortable retirement, study finds

Employees relying on 401(k) plans as their primary retirement vehicle may not be able to retire comfortably until age 73, according to a study released Wednesday by an employee benefits consulting firm.

An examination of some 10,000 U.S. employees’ retirement accounts by the firm Nyhart found that many workers have fallen behind during the downturn because they withdrew money or lowered their contributions to 401(k) and other retirement plans.

The study also found that:

  • 81 percent of workers will not be able to retire comfortably by age 65.
  • Employees age 55 and older need to contribute on average more than 45 percent of their income to retire by 65.
  • Workers 45 to 55 must put away an average 19 percent to be able to retire by 65.


Carole Fleck is a senior editor at the AARP Bulletin.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Jobs You Might Like

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

UPS Store membership discount aarp benefits

Members save 15% on eligible products/services, 5% on UPS shipping at The UPS Store®.

membership adt

Small business owners save 20% on new installation of any new ADT security system.

membership consumer cellular

Members save on monthly service & usage fees and get free activation with Consumer Cellular.

Member Benefits

Renew today! Members receive exclusive member benefits & affect social change.

Rewards for Good

Your Points Balance:

Learn More

Earn points for completing free online activities designed to enrich your life.

Find more ways to earn points

Redeem your points to save on merchandise, travel, and more.

Find more ways to redeem points

Advance your skills. Transform your career.

Explore your learning possibilities.