CNBC notes that the 2012 Retirement Confidence Survey found that 60 percent of workers estimate their total household retirement savings and investments to be less than $25,000.
With numbers like these, it’s no surprise that a report by the Transamerica Center for Retirement Studies finds that over half of American workers expect to work past the age of 65. The number one reason? They don’t believe they have enough saved.
If you’re unsure about how much you’ll need for retirement, you may find it helpful to spend some time with CNNMoney’s retirement calculators. And if you need more assistance building your retirement, you can always consult a trusted financial planner.
![Are You Planning on Working During Retirement? [INFOGRAPHIC] Are You Planning on Working During Retirement? [INFOGRAPHIC]](http://community.ally.com/straight-talk/wp-content/uploads/2012/12/Infobite5_finalv2.jpeg)
Are you planning to work during retirement? Why or why not?
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6:43 pm
i plan to work after retirement not because of needing to work but wanting to work to keep myself not idle
4:24 pm
Thanks for sharing your thoughts, Edmund. We’ve found that a lot of our customers want to also keep busy in retirement.