Why Your Retirement Plan Might Backfire
More than 60% of surveyed Americans are more worried about running out of money in retirement than they are about dying, according to a 2025 survey from Allianz Life. Younger Americans are saving more than previous generations, yet they remain deeply pessimistic about retirement. As Social Security faces long-term funding issues and employer pensions fade away, many are depending on working longer to make ends meet. But some economists warn that planning to extend careers may not be a reliable solution considering the prevalence of age discrimination and the overall state of the labor market. Chapters: 0:00 Introduction 1:07 Then vs. now 5:08 Is working longer the solution? 7:36 Retirement for working Americans Produced by: Charlotte Morabito Edited by: Nora Rappaport Animation by: Emily Park, Jason Reginato Senior Director of Video: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to stand out, grow your network, and get more job opportunities? Sign up for Smarter by CNBC Make It's new online course, How to Build a Standout Personal Brand: Online, In Person, and At Work. Sign up today with coupon code EARLYBIRD for an introductory discount of 30% off the regular course price of $67 (plus tax). Offer valid through September 2, 2025: https://cnb.cx/4nUBgbA Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #cnbc Why You’ll Probably Work Longer Than Your Parents
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