Korn/Ferry International

Executives Delay Retirement Plans According to Korn/Ferry Executive Quiz

Published in Health Business Week, June 5th, 2009

The reality of deflated retirement savings accounts may be causing global executives to re-evaluate how long they stay in the workforce. The latest Executive Quiz released by The Korn/Ferry Institute reveals that a majority - 52 percent - of executives plan to retire at age 64 or higher, a jump of eight percent compared with results collected in 2004 when Korn/Ferry last surveyed executives about retirement plans.

Regardless of retirement age, the survey results reveal that the majority (63 percent) of executives are planning to work later in life than they expected just three years ago. Only 25 percent of executive respondents have not changed their retirement...

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Source: Health Business Week (2009-06-05)

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