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The Changing Retirement Age

According to a Gallup poll, the average working America expects to retire at the age of 66–that’s up from 63 in 2002. While a considerable amount of conventional wisdom suggests that many people will have to work well past their intended retirement age, the fact is that many people end up retiring before they thought they would.  As indicated by writer Emily Brandon, a plan to work longer isn’t the same as being able to remain on the job into one’s mid-or late 60s.  

Anirban tells us more. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.