Townie® Poll

Retirement

Poll conducted from 9/27/2018 To 10/22/2018

Do you plan to retire by 2028?
216 total votes
38%
Yes
62%
No
How confident are you that you'll have the lifestyle you want after you retire?
114 total votes
20%
Extremely confident
43%
Fairly confident
24%
Somewhat confident
13%
Not confident
What age do you expect to retire?
115 total votes
4%
Before 50
27%
50-60
57%
60-70
6%
After 75
5%
I don't expect to retire
Where will the bulk of your retirement funds come from?
115 total votes
15%
Savings
70%
Investments or assets
9%
Selling the practice
3%
Social Security
3%
Other
Do you offer a retirement plan for your employees (Simple IRA/401k)?
112 total votes
5%
Yes, but with no contribution/matching
52%
Yes, with contribution/matching
43%
No
Who assists you in retirement/investment planning?
114 total votes
46%
Certified financial planner
5%
Investment broker
2%
Friends/family
40%
I manage it all myself
6%
I have no current investments or retirement plan
Which statement best describes your view of retirement?
114 total votes
71%
I'm looking forward to it
9%
I'd rather work until I drop
20%
I'll only retire if I have to
How much do you plan to have saved by retirement?
113 total votes
10%
Less than $1 million
36%
$1-$3 million
23%
$3-$5 million
21%
More than $5 million
10%
I am not sure
Will selling your practice be a part of your retirement plan?
115 total votes
63%
Yes
37%
No
How would you plan to sell your practice when the time came?
112 total votes
23%
Brokered sale
22%
Immediate full transition (walk away from the practice)
38%
Full transition over time (stay on to do select procedures)
6%
Multiple transitions
11%
Selling a practice isn't in the cards

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