The deteriorated stock market and weak economy will force 2.3 million households to delay retirement, according to an
And while 73% dont expect their portfolios to rebound until 2006, 22% think their retirement will be delayed eight years or more, up from 11% expecting such a delay in 2001.
Although nine out of 10 investors reported their retirement portfolios have decreased in value, 34% expect to increase their 401(k) and IRA investments.