Retirement
» Retirement, Volume 5, Issue 3, 2005
If respondent intends to fully retire at a specified age AND expects to phase out.
4b. About how old do you intend to be when you start phasing out?
Response | ||||
---|---|---|---|---|
1 | < 55 years old | 14 | ||
2 | 55 - 59 years old | 31 | ||
3 | 60 - 64 years old | 27 | ||
4 | 65 - 69 years old | 16 | ||
5 | 70 years old or more | 10 | ||
6 | DK/Refuse | 1 | ||
Total (%) | 99 | |||
N | 199 |
Notes: Forty-five (45) percent of small-business owners and expectant owners, now managers, who intend to retire at a specificed age and plan to phase out rather than stop abruptly, think they will start phasing out prior to age 60 (Q#4b).