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Press Kit: Fall 2013 Perspectives of Retirement Survey

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Retirement preparation behaviors and habits of retirees and those planning their retirement examined in PNC telephone survey 

Almost half of Americans in their prime retirement planning years believe they will need to work longer than previously planned in order to save enough to retire, yet nearly 60 percent of those 70 and under who have already left the workforce did so earlier than planned, the survey showed. About four in 10 (42 percent), which the survey refers to as "Planners," consider themselves to be on track in their preparation for retirement. About a third (35 percent), dubbed "Procrastinators," recognize the need to prepare but acknowledge they put it off. A final group, tagged "Avoiders" (23 percent), admit they are well behind on their retirement planning.

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