Fidelity Investments State of Retirement Planning Study finds 66% of Americans say the pandemic made them more intentional about focusing on their personal passions and dreams in retirement. But what does that mean exactly?
The encouraging news: three-quarters of respondent’s express confidence about retiring when and how they want. But traditional retirement no longer holds as much appeal—particularly among younger generations—as they are encouraged by the rise of flexible working options allowing them to pursue their own professional passion in retirement.
Whether starting a business or relocating to somewhere scenic, two-thirds of Americans look forward to pursuing work for pleasure as they enter their ‘phased retirement.
Rita Assaf, vice president of Retirement at Fidelity Investments, spoke to David about this new non-traditional way of retiring.
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