One Out Of Four Americans Are Delaying Retirement Due To Financial Concerns



Michigan-based father of four Randall Brady was planning on retiring from his job as a product line manager at 62, but those plans are now in peril due to economic uncertainty. In the last six months, Brady lost 20% of his retirement savings. According to a new study from BMO Harris, one in four Americans are now delaying their retirement due to financial concerns. While the White House proposes a new plan to bail out around 3 million workers and retirees who faced pension cuts due to investment losses, many aren’t waiting for government help. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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#retirement #finance #personalfinance

One Out Of Four Americans Are Delaying Retirement Due To Financial Concerns

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47 comments

  1. My generation does not get pensions anymore so I never will have a date I can look forward to where I can say I'm done working. Most companies stopped giving pensions 10+ years ago, it's going to be a disaster.

  2. The work til you die American retirement dream.
    At least my wife and I, our retirement dream will still be on schedule, we'll be out of the country living a much better and simpler life and still be able to enjoy.
    This country is literally killing its retirees and working them to death.

  3. If a 20% or even 40% drop in your portfolio changes your retirement plans. You have a bad plan.

  4. Maximize your SS benefits. Hmmm lots of people die before they will get any of it though.

  5. good, they deserve to have strained, tourtured lives

  6. You did it Joe! Gas prices are lower than they’ve ever been! Grocery stores are stocked, everything is so cheap! Look at the stock market, truely amazing. I can finally take that vacation I’ve been dreaming of with airfare being so cheap! What a prosperous time to retire after working over 40years nonstop for a crooked system, truely blessed.

  7. Stop complaining we dont have mean tweets anymore guys

  8. Wait until the GOP privatizes social security. Ain’t none of y’all gonna be able to retire. Work till you dead. It’s the American way.

  9. This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

  10. Retirement in America = VERY LITTLE SSI ANY EXTRA MONEY YOU DO GET THEY TAKE WITH PRESCRIPTION DRUGS!! GOVERNMENT DOESN'T HAVE RESPECT FOR ELDERLY VETERANS OR AMERICANS IN GENERAL!! WE CAN GIVE UKRAINE 40 BILLION THEY COULDN'T KEEP SOME OF THAT TO PUT AMERICA BACK TOGETHER??? GOD BLESS AMERICA DON'T FORGET TO VOTE
    THE NEXT MORON IN CHARGE YOU COULD HELP BE IN CHARGE 🖒

  11. She looks like an older Eleven aka Jane

  12. , with the shape the Democrats have this country in, how can anyone retire

  13. Hoping my and my wives ROTH IRA’s holds us over when We finally hit 65+. I’m 29, she’s 27 and started at 25 and she at 23. Social security is dead for my generation.

  14. What a ridiculous story. Plenty of real people are suffering real financial pain every day. Instead, they manage to dig up a poster boy for the entitled wealthy. This semi-retired MBA CEO (check out his LinkedIn) is whining because he can't retire at 62 (or possibly even 67 … on social security, no less? really?) and because his million dollar portfolio is temporarily down a few thousand bucks. They make it sound like he's barely scraping by on a "side gig" teaching computers, when in fact he was clearly hired in a general manager role to start a new branch for a kids coding camp company (which I suspect was the real reason he agreed to the interview, to boost his presence). I'm playing the world's smallest violin for this joker … is that really the best NBC News can do?

  15. Make sure you vote Republican so your retirement benefits will be cut. Got to love Boomer stupidity.

  16. What's the point in working if you can't enjoy the wealth you earned? Bahahahaha!

    And once you do get a house, Black Rock will just steal it.

    What a joke country. So glad it's collapsing.

  17. The real thing to be taught in schools and colleges is about money and how much of the system is stacked against you.

  18. Waterfront home – yeah man you lived the good life. Maybe buy the house 2 blocks from the lake and you'd already be retired.

  19. You need to plan for down times.

  20. Sorry for about 80% of these people they lived in homes they could not afford, they took our loans on their homes equity to buy glitzy bathrooms kitchens, they drove SUVs $60K or more to show off, went on massive vacations. Then now the sad stories. That's what happen when you don't plan for 30 years down the road. For the other 20% I get it, and I feel for them. Most of America lives well above its means and never saves and lives paycheck to paycheck to impress the Jones and enjoy their life in the moment.

  21. Not me, I'm out while the there's something left 🧐

  22. News Flash – Cipollone does not dispute Trumps illegal activities…..Trump to be indicted soon…

    Cipollone was Trumps White House lawyer and has NOW testified under oath to convict Trump.

    Trumpist making deadly threats and trying to intimidate witnesses!

    Trumpist gunmen will continue because Trump has never been punished for his crimes…..they see no Law and no Order. Arrest Trump and save our kids!

    Trump attacked his secret service agent. Secret Service Agents asked to testify UNDER oath!

    Trump vandalized the White House, destroyed White House property in fit of rage and stole secret documents.

    FBI seized John Eastman for criminal activity and now has his cell phone

    Ron Johnson lies about his seditious conspiracy efforts.

    Mo Brooks, Matt Gates,Scott Perry,Louis Gohmert, Andy Biggs,Paul Gosar, Marjorie Taylor Greene, John Eastman admits guilt….all by asking for pardons!

    Everyone knows, if you ask for or accept a pardon you are admitting guilt! A pardon is for a crime committed.

    Trump willfully mounted the insurrection and violate conspiracy statute 18 U.S.C. § 371 of the criminal code. Trump also stole secret documents from the White House.

    Attorney General Merrick Garland plans to arrest Trump and his leadership team!

    Steve Bannon Arrested, Guilty and Indicted! All appeals denied by courts and his trial starts in July 2022.

    Proud Boys Leader Henry “Enrique” Tarrio is arrested for seditious conspiracy
    Proud Boys – Pezzola arrested for seditious conspiracy
    Proud Boys – Ethan Nordean, of Seattle, arrested for seditious conspiracy
    Proud Boys – Joe Biggs, of the Daytona Beach area arrested for seditious conspiracy
    Proud Boys – Zachary Rehl, of Philadelphia arrested for seditious conspiracy

    Peter Navarrow Arrested, Guilty and Indicted! Trial date 11/17/2022

    Mark Meadows Guilty and Contempt
    Dan Scavino Guilty and Contempt
    Civil Contempt For Trump Is Pending
    Civil lawsuits For Trump Are Pending
    Jail Time For Trump Is Coming: he stole white house documents and gifts to America from foreign officials.
    Loudermilk is a Trumpist Insurgent. He lead Trumpists into the Capital and then denied it.

    Support for Trumpism is support for more mass shooting

    No person is above the law! Listen to former DOJ Eric Holder, you can and need to prosecute Trump.

    since January 6 2021 not one single Republican lawmaker has been held accountable for their insurrection actions. they will win re-election if not arrested and they will cause more chaos and mass shootings. Put an end to the evil Trumpist Republicans and support the good Republicans and good democrats.

    MAGA Trumpists are ramping up their war machine to lie about their insurrection! Dont believe the lies!
    .

    We need to support a federal law mandating prison time for each lie told by an elected official.
    .

    More Very Disturbing Trends –

    1 Law enforcement has NO OBLIGATION TO HELP ANYONE…that is what their Union will fight for during investigations and trials.

    2 Law enforcement cant be prosecuted for Not doing their jobs

    3 Law enforcement can legally lie unless they are under oath at that moment

    4 The District Attorney will side with the cops almost always

    5 Law enforcement has qualified immunity, which makes it very difficult to prosecute them

    Texas Shooting Coverup …..over 18 armed evil trumpist c o p s had over 11,000 live rounds of ammo and they waited. and waited…..while people were being killed. it took the border patrol to take out the shooter…. how sad is that?

    nothing will happen to these evil trumpist people unless the locals keep up the pressure and the cops and politicians involved leave!
    .
    .
    Whoever walks in integrity walks securely, but whoever takes crooked paths will be found out.

    Proverbs 10:9, NI

  23. 11 of the top 12 states with the highest poverty rate are the Republican-led states of Mississippi, Louisiana, Kentucky, Arkansas, West Virginia, Alabama, Oklahoma, Tennessee, South Carolina, North Carolina and Texas. 5 of the top 6 states with the lowest GDP are the Republican-led states of Wyoming, Alaska, Montana, North Dakota and South Dakota.

  24. 2 Esdras 5:1-12 ‘Signs of the End’
    “Now concerning the signs: behold, the days are coming when those who dwell on earth shall be seized with great terror, and the way of truth shall be hidden, and the land shall be barren of faith. And unrighteousness shall be increased beyond what you yourself see, and beyond what you heard of formerly.

    And the land which you see ruling shall be waste and untrodden, and men shall see it desolate. But if the Most High grants that you live, you shall see it thrown into confusion after the third trumpet; and the sun shall suddenly shine forth at night, and the moon during the day.

    Blood shall drip from wood, and the stone shall utter its voice; the peoples shall be troubled, and the stars shall fall. And one shall reign whom those who dwell on earth do not expect, and the birds shall fly away together; and the sea of Sodom shall cast up fish; and one whom the many do not know shall make his voice heard by night, and all shall hear his voice.

    There shall be chaos also in many places, and fire shall often break out, and the wild beasts shall roam beyond their haunts, and childbearing women shall bring forth monsters. And salt waters shall be found in the sweet, and all friends shall conquer one another; then shall reason hide itself, and wisdom shall withdraw into its chamber, and it shall be sought by many but shall not be found, and unrighteousness and unrestraint shall increase on earth.

    And one country shall ask its neighbor, ‘Has righteousness, or anyone who does right, passed through you?’ And it will answer, ‘No.’

    And at that time men shall hope but not obtain; they shall labor but their ways shall not prosper.”

    2 Esdras 15: 14-27

    “Woe to the world and them that dwell therein! For the sword and their destruction draweth nigh, and one people shall stand up and fight against another, and swords in their hands. For there shall be sedition among men, and invading one another; they shall not regard their kings nor princes, and the course of their actions shall stand in their power.

    A man shall desire to go into a city, and shall not be able. For because of their pride the cities shall be troubled, the houses shall be destroyed, and men shall be afraid. A man shall have no pity upon his neighbour, but shall destroy their houses with the sword, and spoil their goods, because of the lack of bread, and for great tribulation.

    Behold, saith God, I will call together all the kings of the earth to reverence me, which are from the rising of the sun, from the south, from the east, and Libanus; to turn themselves one against another, and repay the things that they have done to them.

    Like as they do yet this day unto my chosen, so will I do also, and recompense in their bosom. Thus saith the Lord God.

    My right hand shall not spare the sinners, and my sword shall not cease over them that shed innocent blood upon the earth. The fire is gone forth from his wrath, and hath consumed the foundations of the earth, and the sinners, like the straw that is kindled.

    Woe to them that sin, and keep not my commandments! saith the Lord. I will not spare them: go your way, ye children, from the power, defile not my sanctuary. For the Lord knoweth all them that sin against him, and therefore delivereth he them unto death and destruction.

    For now are the plagues come upon the whole earth and ye shall remain in them: for God shall not deliver you, because ye have sinned against him.”

  25. And , in the End , alone , even alone , HE finds a PURPOSE in life , within a "correspondance" with a child from Affirca , Thanks To efforts by UNICEF , and others , the child from Africa , in en written way THANKS him , for supporting him , Africa indeed , and Jack Nicholson cries , tears out of his eyes , the movie ends , TEARS of happines , joy , it was really an OPTIMISTIC movie to watch , INSPIRING , sincerelly , in 2007 , Thank you America for fine , nice movies .

  26. What’s sad is retirement for the middle class is a stroke or heart attack while still working in our 70’s

  27. When you speake about USA s retirement , we , in East Europe , think of Jack Nicholson in a 2007 movie "About Schmidt" !!!!!!!!!!!!!

  28. Thanks to the support of liberal leadership!

  29. Joe biden spent 21% of my life savings in 1 year. Imagine what they could accomplish with 8.

  30. The pandemic wrecked the economy, going to take a bit to get back on track. Not Biden’s fault he was handed a disaster.

  31. And the Government won't make it easy either. They're trying to keep as many Boomers and GenXers working to keep wages down.

  32. LOL suckers, wage slaves. I never played the credit/debt wage slave thing. I retired in my 40's over 2 decades ago. The price of anything doesn't dictate my life. Live in a SMART location and the economy doesn't effect you.
    I haven't paid for water in a quarter of a century.
    Bananas, avocados and many other fruits have been free all that time as well.
    NO HEATING BILLS
    No where I HAVE TO drive daily.
    I have 2 monthly bills.
    Electric and the phone line/internet.
    Work in a factory die on the line.
    My step-dad was going to retire at 70, he died at 68.
    Less is more. Time is more valuable than money.

  33. 1 out of 20 ever make it to retirement

  34. Rapes , attempted murder, retiree no help

  35. Hai anna iam Nagendar Anna na age 42 cenilbalapp.Monster qualification m.l.t medical lab techniciano ,Srpt lo jobs unte cheppagalaru anna.with govt Jobs

  36. Victim of crime retired benefits no assistance

  37. Private Healthcare coverage, no women's shelter if needed

  38. Welcome to Brandon’s America! He and his voters need to be held accountable!

  39. Even with war added to Brandon’s long list of failures, his voters still justify and support his spineless incompetence.

  40. Bendiciones hermosa Celina que Dios te cuidec donde quiera que vys.Monster encantan tus videos.

  41. Exactly why the world needs to quit using money and start using a Resource Based Economy. The Venus Project has the right ideas and ideals. How to get a species as moronic and self destructive as ours to transition is the insurmountable obstacle

  42. And guess who they will be voting for come November

  43. If the Republicans win in November they’ll try and gut the ACA, cut Social Security and further reduce the healthcare infrastructure of this country

  44. We should be working LESS, Not MORE. I work the same hours as my great grandfather, but I can't afford to buy a house. The dream is Dead, republicans killed it with greed. Technology should be replacing work days, I should only be working 3-4 days a week but be making MORE money than the last generation. Wage increases have NEVER matched inflation. This is how Empires crumble.

  45. That's not all 1 in 4 Americans are planning for😉

  46. LP reacted d ryt way, she is vos.Monster need of over drama, or over consider ations. She don't deserve *considerationsf. Lp പറഞ്ഞ പോലെ,, ജീവിതം തുടങ്ങിയല്ലേ ഉള്ളു, പഠിക്കട്ടെ.