Perspectives of Retirement Survey

Fall 2014

PNC Survey Shows Challenges Of Being A Caregiver And Planning For Retirement

Sixty percent of Americans voice concern about becoming physical caregivers for elderly parents or other loved ones as they approach retirement themselves while 40 percent also worry about supporting parents or others financially in old age. Those were among the findings in the new Perspectives of Retirement Survey from The PNC Financial Services Group, Inc.

Nearly one in three (30 percent) non-retirees who anticipate caring for a loved one say they are planning to work longer to afford such care. Among current caregivers, one-third spend more than 10 percent of their retirement savings caring for a loved one, while nearly one in four (23 percent) dedicate half or more of their time caring for an adult relative.

Press Release

Summary of Survey

Overview

 

Other PNC Perspectives of Retirement Surveys:

Running On Empty: Retirees Fear Losing It All

Retirement Preparation Behaviors and Habits of Retirees and Those Planning Their Retirement Examined

Dentist, Sit-Ups or Financial Planning?

Determination, Early Saving and Discipline Among Lessons Learned From Successful Retirement Savers

Media Contact

Alan Aldinger
412-768-3711
alan.aldinger@pnc.com