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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