{"id":405320,"date":"2025-11-26T06:13:23","date_gmt":"2025-11-26T06:13:23","guid":{"rendered":"https:\/\/www.europesays.com\/us\/405320\/"},"modified":"2025-11-26T06:13:23","modified_gmt":"2025-11-26T06:13:23","slug":"more-than-1-in-3-americans-will-delay-retirement-due-to-financial-challenges-heres-why","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/405320\/","title":{"rendered":"More Than 1 in 3 Americans Will Delay Retirement Due to Financial Challenges \u2014 Here\u2019s Why"},"content":{"rendered":"\n

Saving for retirement<\/a> is one of the most important financial moves you can make, but also one of the most challenging.<\/p>\n

Federal Reserve<\/a> research found that the average retirement savings for Americans ages 65 to 74 was $200,000 as of 2022, the most recent year data are available. That\u2019s well below the $560,000-plus recommended by Fidelity<\/a> based on its formula of saving about nine times your annual salary at age 65.<\/p>\n

Be Aware: The Realistic Minimum Retirement Savings Needed, According to Experts<\/a><\/strong><\/p>\n

Consider This: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home<\/a><\/strong><\/p>\n

Because building an adequate next egg is so difficult, more than one in three U.S. adults (35%) have either delayed or intend to delay their retirement<\/a>, according to a recent survey of 2,262 Americans conducted by New York Life<\/a>.<\/p>\n

The New York Life survey revealed three main reasons people are delaying retirement: Insufficient savings (51% of respondents), inflation (46%) and the changing economic environment (32%).<\/p>\n

The vast majority of Americans (92%) are concerned about current market conditions, particularly in terms of the following:<\/p>\n