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Methodology: GOBankingRates looked at the average retirement age in every state, as reported by Money Talk News on Sep. 29, 2019, using data from the U.S. Census Bureau’s latest American ...
Retiring early seems to be on everyone's minds these days. The growing popularity of the so-called FIRE movement -- short for financial independence, retire early -- is a testament to how much...
The good news is that in many U.S. states, what most people would call an “early” retirement is within reach. Learn more about when most people retire in your state.
By 2027, retirement age will be linked to the average life expectancy. Having children may reduce the retirement age by 3–5 years. [21] [23] [12] Finland: 64.5–69 2024 Flexible retirement age: 64–69 years, national pension 65 years. In 2030, the retirement age will be linked to life expectancy. [21] [12] France: 62–67 2018
Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown).
The oldest Baby Boomers, a large demographic cohort, had started to reach retirement age in the 2010s. [40] By the early 2020s, about one in six Americans are 65 or older. [55] In 2020, the median age of the United States is 38.8, up from 37.2 in 2010, [43] 35 in 2000, and 30 in 1980. [56]
Workers in the United States generally retire at around age 64, though data shows that the average age varies by state. For example, the average age of retirement in Washington, D.C., is around 67 ...
This is a list of U.S. states, the District of Columbia and territories by median age in 2020. [note 1] The median age is the index that divides the entire population into two numerically equal age groups, one younger than that age and the other older than that age. It is the only index associated with the age distribution of a population.