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Retirement 
13th-Jun-2010 09:40 am
MadMcCain


Poll #1577934 Retirement

(Rounded to the nearest year divisible by five), what is the best choice for an age of retirement?

50
0(0.0%)
55
7(13.7%)
60
8(15.7%)
65
12(23.5%)
70
4(7.8%)
75
0(0.0%)
Older than 75
0(0.0%)
Younger than 50
0(0.0%)
There should be no age of retirement, people should have to work until they can afford to retire or want to retire
17(33.3%)
Something else (what?)
3(5.9%)

At what age would you like to retire?

Under 50
10(19.6%)
Somewhere between 50 and 55
8(15.7%)
Somewhere between 55 and 60
8(15.7%)
Somewhere between 60 and 65
9(17.6%)
Somewhere between 65 and 70
5(9.8%)
Somewhere between 70 and 75
3(5.9%)
Sometime after age 75
0(0.0%)
Never
4(7.8%)
Something else (what?)
4(7.8%)

Should there be a mandatory age of retirement?

Yes, it is necessary to create jobs for the next generation
6(11.8%)
Yes for some other reason
3(5.9%)
I'm not sure
7(13.7%)
No, forcing someone to retire violates their civil rights
25(49.0%)
No for some other reason
9(17.6%)
Something else (what?)
1(2.0%)

Ideally, how would you like to retire (select as many as apply)?

Stop working completely
7(13.7%)
Cut my hours back gradually
3(5.9%)
Retire from my job and start a second career of some kind
0(0.0%)
Retire from my job and write
0(0.0%)
Retire from my job and go back to school
0(0.0%)
Retire from my job and travel as best as my income will permit
4(7.8%)
Never retire, work for the rest of my life or as long as my health allows.
3(5.9%)
Something else (what?)
0(0.0%)

Which of the following form part of your retirement plan?

A work pension
1(2.4%)
A government pension
1(2.4%)
A retirement savings plan or account
7(17.1%)
A reverse mortgage
0(0.0%)
An inheritance
2(4.9%)
Support from a spouse or partner
0(0.0%)
Support from another family member
0(0.0%)
Prayer
1(2.4%)
Winning the lottery
2(4.9%)
Something else (what?)
2(4.9%)

How confident are you in your plans for your retirement?

Very confident
2(4.0%)
Somewhat confident
8(16.0%)
Neither confident nor worried
10(20.0%)
Somewhat worried
5(10.0%)
Very worried
6(12.0%)
I'm not worried yet, I'll worry about it later
17(34.0%)
Something else (what?)
2(4.0%)
Comments 
13th-Jun-2010 05:14 pm (UTC)
I don't think there should be a set age when people can or should retire. It should be whenever they're ready to (provided that they have the financial means to do so). If they want to retire under the age of 50 and can afford it, great, but if they want to keep working until the cows come home until the day their ticker gives out, that's great, too.
13th-Jun-2010 06:10 pm (UTC)
I'd like to travel and do lots of volunteer work when I retire.
13th-Jun-2010 09:16 pm (UTC)
I went into the field I am in for many reasons - one being that I could, feasibly, work in the field until I am 105 years old. I'm a librarian!

If there is no social security for me, I feel confident that I can continue to work in some capacity for longer than I would like. Of course, when I am 105 I will probably go part-time and stick to shelving and doing things that my body can handle.

I'm 32 and just went to visit a financial planner for the first time the other day. I'm putting 6% towards my pension (matched at 6% by my work), and will be opening a Roth IRA ($5,000/year) in January of 2011. She said that I'm on the right track. If nothing else, it put my mind at ease a bit.
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