So Long, Summer Home: Pre-Retirees Adjust Expectations

Forget a trip to the Bahamas. The new retirement getaway may be a night out at the local Sizzler.

According to two recent surveys, pre-retirees are lowering their lifestyle goals and investment expectations as they prepare to retire. After years of lackluster growth, it appears many older workers have abandoned the hope that economic conditions will improve significantly before their golden years.

Pre-Retirees Reset Their Investment and Lifestyle Expectations