Fidelity: ‘Retirement Age’ No Longer Integral to Late-Career Plans
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Fidelity has released findings that suggest the traditional concept of a "retirement age" is no longer a key factor in late-career planning. The company has also reported on other retirement-related trends, including an increase in healthcare costs and record high 401(k) contribution rates. Additionally, Fidelity's assets under administration have seen significant growth, although the connection between these findings and the evolving notion of retirement age is unclear.