75% - 20+ years
25% - 10-20 years
Wow! Really? Okay, this says a lot.
- Do people hate their job so much that they want to spend 20+ years of their life doing something else? More specifically, doing nothing to speak of?
- Consider that living on a "fixed income" really means living on a declining income because inflation will eat away at your yearly income every year. So if you want to maintain a certain high standard of living well into retirement, you need a lot of money to start retirement.
- It is quite possible that many people plan to have a retirement job. Something that does not take 40 hours a week. Perhaps managing a used book store or working at a coffee shop part time or tutoring/mentoring/coaching kids. A second career, this seems reasonable to consider during a long term retirement.
- As a generation in the United States, generation Y is not nearly as healthy as our ancestors. Our life expectancy is not what our grandparents is. Cancers, inactivity, and pollution are not helping us all live longer.
- Retirement is a relatively new phenomena.
I know, statistically, my survey was insignificant because of a sample size of four (I never vote on my own surveys). Regardless, the answers were informative.