Charlotte, NC (PRWEB) March 08, 2014
Hobart Financial Group, a firm specializing in Charlotte retirement planning, discusses why many Americans are delaying retirement until later in life.
According to a February 27th article posted by USA Today titled “Many delay retiring: Need more money enjoy their jobs,” Americans are still facing a retirement crisis and many are bumping retirement to the bottom of their priority list. Though numbers are down from the years following the recession, more than half of workers are delaying retirement.
While financial worries are the most common reason for delaying retirement, the article says health insurance comes into play. The article says that a national survey conducted by CareerBuilder and Harris Poll found that 79 percent of those polled said they could not afford to retire, and 61 say they need health insurance and benefits their employers provide.
Though most Americans fear financial problems after entering retirement, a large number of them also enjoy working. The article says almost half of those polls genuinely enjoy their jobs and like where they work.
Chris Hobart, CEO of Hobart Financial Group, a leading Charlotte retirement planning firm, urges Americans contemplating delaying retirement to also consider making some positive investments. “Delaying retirement is not a bad decision, especially if Americans have not adequately prepared for their future,” he says. “If you plan on delaying retirement, you should look into making some retirement investments that could generate income for you over time. It’s important that Americans realize they can make proactive choices before they retire, so that they can retire with a healthy nest egg of cash. Delaying retirement can help give them extra time to plan. It can also help them increase their Social Security benefits by waiting to claim funds. If health care plans are your main concern when contemplating retirement, having investments for emergency health crises can help lessen the financial worry.”
Hobart Financial Group is an independent financial advisory firm dedicated to personalizing service with uncompromising integrity. Its focus on comprehensive, tax-advantaged plans help to provide sound preservation of capital, growing income and increased returns with reduced risk. Chris Hobart, founder of Hobart Financial Group, understands that true wealth means being able to share your life with the people you love, free from financial anxiety. Hobart Financial helps Carolinas’ retirees preserve and protect their wealth with comprehensive financial retirement planning and wealth management.