A new study released yesterday suggests that although many Americans may want to work a few years longer to improve their retirement security, their health might prevent them from doing so.
Nearly three out of five retirees say they retired earlier than they expected, according to a survey of retirees and pre-retirees conducted by Bank of America Merrill Lynch. Just one in nine pre-retirees, meanwhile, is completely confident in their ability to pay for their health care retirement expenses.
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