How many retirees in america

How much money am I going to need? How long will the money need to last? The U. Notably, the average retirement age for that broader group around the world was also For baby boomers, the 68 number may also be prompted by a key threshold for Social Security, he said.

Age 62 is the year at which people first become eligible for Social Security benefits. However, by claiming early, they will receive permanently reduced monthly benefits. Exclusive Premium functionality. Register in seconds and access exclusive features.

Full access: To this and over 1 million additional datasets Save Time: Downloads allow integration with your project Valid data: Access to all sources and background information. Exclusive Corporate feature. Corporate Account. Statista Accounts: Access All Statistics. Basic Account. The ideal entry-level account for individual users. Corporate solution including all features. Statistics on " Pensioners in the U. The most important statistics.

Further related statistics. Number of retired male workers receiving Social Security in the U. Further Content: You might find this interesting as well. Statistics Number of retired male workers receiving Social Security in the U.

Learn more about how Statista can support your business. US Social Security Administration. January 5, About Pew Research Center Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world.

It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Pew Research Center does not take policy positions.

It is a subsidiary of The Pew Charitable Trusts. Newsletters Donate My Account. Research Topics. A quarter of non-retirees have no retirement savings.

Thankfully, it's never too late to start saving for retirement, and there are ways to catch up if you feel like you've fallen behind. Biggs also recommends using money from some savings accounts that have been boosted during the COVID pandemic -- such as those that now contain money from stimulus checks -- to move toward retirement savings goals. Preparing for retirement is full of questions that don't have simple answers.

The Motley Fool has resources to help you take your first steps toward a comfortable retirement, but it's always a good idea to consult a financial advisor to get personalized advice that fits your financial situation and goals.

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