Tag Archives: Trends in Retirement

3 Trends in Retirement Happening Today

Retirement trends

People are working longer than ever. Learn how trends like these can affect your retirement and what Alpine Bank can do to help!

Trends in today’s world are constantly changing. In pop culture, celebrities have a major influence of what is “in” and what is “out”. Movie star’s personal lives are studied for the smallest mistakes and political figures are distorted in messages received by the public. Our world is changing and it is important to stay in touch with areas that may affect you. Trends in retirement are changing and affect the lives of almost everyone. Whatever stage of life you are in, it is never too early to start thinking about your life after work. Alpine Bank is here to provide retirement expertise and Traditional and Roth IRA’s to fit your needs. We invite you to visit our website today and allow us to serve your financial requests.

Trend #1:

Semi-retirement is a common occurrence in the lives of many retirees. After they leave their full time jobs, they may take up part time work to make ends meet. It may be due to a lack of pension plans or forced retirement in the work place. By being aware of this, we hope you consider building a secure savings account today.

Trend #2:

A common belief is that those with higher incomes can and will retire earlier. However, those in high paying jobs often want to keep working and are able to. Individuals with lower income positions have had a different experience in the work force and may want to take advantage of retirement benefits as soon as possible.

Trend #3:

Social Security is now allowing people ages 62 to 70 to continue working while building up credit. They can keep working and receive the same lifelong benefits. Companies are also starting to allow their employees to retire when they want without the pull of a pension plan or forced retirement.

It is never too soon to start financially planning for your retirement. We encourage you to open a savings account with Alpine Bank and start saving today! Member FDIC.