Peak 65 Consumers Delay Retirement, Change Investment Strategies and Harbor Social Security Fears

WASHINGTON, July 9, 2025 /PRNewswire/ — Due to financial market volatility, persistent inflation, and increased concerns about the viability of Social Security, one-third (30%) of consumers ages 61 to 65 are considering delaying retirement, while 58% of consumers ages 45 to 75 are concerned their Social Security benefits will be reduced. Two-thirds (65%) of financial advisors are changing their retirement investment advice to clients, with 50% saying they are putting more client investments into annuities, which ranks as the most popular change in investment strategy.

These are among the key findings of the 2025 PROTECTED RETIREMENT INCOME AND PLANNING (PRIP) STUDY, the only annual,…

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