Americans are facing retirement with diminished expectations and an emphasis on protecting their assets, two recent studies find.

According to a survey conducted for Strong Retirement Plan Services, nearly half of adults currently employed full- or part-time expect to work in some capacity after retirement – most of them out of financial necessity. The survey found that only one-third of respondents planned to retire early, by age 60, yet the average expected retirement age was 61.3 years.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.