Townie® Poll

Retirement

Poll conducted from 6/28/2019 To 7/31/2019

Do you plan to retire by 2028?
467 total votes
38%
Yes
62%
No
How confident are you that you'll have the lifestyle you want after you retire?
259 total votes
22%
Extremely confident
41%
Fairly confident
23%
Somewhat confident
14%
Not confident
What age do you expect to retire?
259 total votes
4%
Before 50
26%
50-60
54%
60-70
10%
After 75
6%
I don't expect to retire
Where will the bulk of your retirement funds come from?
259 total votes
15%
Savings
69%
Investments or assets
9%
Selling the practice
3%
Social Security
4%
Other
Do you offer a retirement plan for your employees (Simple IRA/401k)?
255 total votes
9%
Yes, but with no contribution/matching
51%
Yes, with contribution/matching
40%
No
Who assists you in retirement/investment planning?
258 total votes
49%
Certified financial planner
6%
Investment broker
2%
Friends/family
34%
I manage it all myself
8%
I have no current investments or retirement plan
Which statement best describes your view of retirement?
256 total votes
71%
I'm looking forward to it
13%
I'd rather work until I drop
16%
I'll only retire if I have to
How much do you plan to have saved by retirement?
259 total votes
11%
Less than $1 million
31%
$1-$3 million
27%
$3-$5 million
21%
More than $5 million
10%
I am not sure
Will selling your practice be a part of your retirement plan?
259 total votes
60%
Yes
40%
No
How would you plan to sell your practice when the time came?
253 total votes
16%
Brokered sale
26%
Immediate full transition (walk away from the practice)
40%
Full transition over time (stay on to do select procedures)
5%
Multiple transitions
13%
Selling a practice isn't in the cards

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