News You Can Use: How long do employees consider retirement decisions?

Despite all of your benefits communications about retirement, the time when workers begin thinking seriously about retirement and actually doing so is pretty short, shows new data from EBRI.

• Twenty-two percent of the surveyed retirees report they first began thinking seriously about retiring only six months before they left the company, while another
• 22 % began serious consideration about one year beforehand.
  
• Twenty-eight percent started thinking about it 18 months (10% ) or two years (18 %) before.