Average age to retire in U.S. increased, locals weigh in on why

Retirement used to be something to look forward to but according to a new study, many people are increasingly nervous about it.


According to a Gallup study, the average age to retire in the U.S. is 61, up from 57 in the early 90's.


"Pensions are now a thing of the past," Tamara Trainer, a sales leader at Carriage House Estates in Bakersfield, said.


Trainer said the average age to retire at the independent living facility is between 70-80 years old.


"With the change in the economy, a lot of people aren't really able to live that lifestyle until they reach a higher age," Trainer said.


Up to 61 percent of Americans said financial concerns is the main reason for postponing retirement.


"If I had to do it over again, I would probably work a little longer than I did," Lowell Manzer, a Bakersfield retiree, said.


Studies also show the recession in 2008 could also be to blame for the shift in retirement ages.



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