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Older Higher Ed Faculty Confident in Their Retirement Savings, But Few Have Taken Action to Plan Income Strategy
Fidelity 
Oct. 9, 2013
"Eight in 10 (82 percent) pre-retiree faculty members (age 55+) are confident they will have enough money to live comfortably in retirement, only 17 percent have taken action to create a retirement income plan. This lack of planning could result in faculty members nearing the common retirement age of 65 being less inclined to retire, as well as unprepared for long-term expenses and turning their assets into regular income. The promising news: They recognize the need for guidance."
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