In previous installments, we’ve shared data illustrating the gaps in clients’ retirement planning (see previous Research Trends). Advisors indicated that many clients have not sufficiently factored long-term care costs and rising health care costs into their retirement plans.  

How does that match up with clients’ expectations for spending in retirement? Do clients plan to work past retirement age? And, how have unexpected financial situations affected clients who have already retired?


Clients' Beliefs about What They will Spend in Retirement


Percentage of Clients who Plan to Work (full or part time) after Age 62


Percentage of RETIRED Clients Who Have Had To Adjust Their Retirement Plans Due To Unexpected Financial Situations*

Check back next month for more insights from our 2013 Retirement Planning Survey.