When we’ve had a bad day of work and we’re driving home, what do we wish for? We just want to relax. Here are the ten most popular words used to describe retirement, and what you can think about and plan as you approach retirement: S ign-up for the Retirement Satisfaction Webinar to learn about these non-financial predictors of retirement success. There are many tried and true non-financial factors that contribute to retirement happiness. What research has found is that much of retirement happiness has little to do with financial wealth. What you'll find in the ten words below is that most of them are not related to money or investing. More surprisingly, the ten most frequent words respondents used to describe retirement accounted for almost one-third of all responses. Of the 990 adults who were interviewed, only 27 words were needed to make up half of collected data. In fact, two-thirds of Americans don’t contribute any money to a 401(k) retirement account at work or any retirement account.īased on these grim statistics, how do you think survey participants viewed their own retirement? The responses were surprisingly consistent. We also know that for many soon-to-be-retirees, they have not saved nearly enough. Figures suggest 10,000 baby boomers are turning 65 years of age every day. What we know is there are a lot of Americans currently in retirement, but significantly more will be entering retirement in the coming years and decades.
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