Each Generation Has a Different Expected Retirement Age — and Only One Thinks It’s 65

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Three Generation women.

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Heres a look at when each generation expects to retire.

While retirement at 60 will take a lot ofplanning and discipline, McAdoo notes that it isnt impossible.

Their eager attitude about retirement preparedness puts younger workers in a good position to meet their ambitious goals.

Its common for expectations to shift as workers grow older and near the traditional retirement age, McAdoo said.

Workersretirement age projectionsoften result from calculating whether or not they can afford to stop working.

She notes that Gen X might shift their retirement age expectations as they get closer to 65.

Retirement goals are often tied to age 65 because thats when Americans qualify for Medicare, she said.

However, many people plan and ultimately choose to retire earlier, McAdoo continued.

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