As economic instability continues to rattle retirement timelines, a growing number of older Americans are hitting pause on their retirement plans.
According to the annual Protected Retirement Income and Planning (PRIP) Study, 30% of workers ages 61 to 65 are now considering postponing retirement. This demographic is known as “Peak 65,” due to the unprecedented number reaching retirement age this year. Their top concerns include persistent inflation, market volatility and deepening uncertainty about the future of Social Security.
