Poll: Workers Say Obamacare Will Delay Their Retirement

Wednesday, 28 May 2014 09:29 AM

By Melanie Batley

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
One-third of workers believe Obamacare will lead to higher costs that will force them to delay their retirement, a new poll has found.

According to a survey released Tuesday on MoneyRates.com and conducted by Op4G of 2,000 people, 33 percent said that Obamacare will force them to delay retirement, compared to 17 percent who believe the new federal healthcare law will allow them to retire earlier.

The rest were evenly split between those who do not think the federal healthcare law will have an impact on their retirement and those who aren't sure.

"With the program still in its early stages, the actual impact of Obamacare — also known as the Affordable Care Act — remains to be seen. What can be said at this point is that the debate over the program has created a certain amount of fear, and this survey measures the degree of that fear," wrote Richard Barrington, senior financial analyst for MoneyRates.com.

The survey also found that of those who believe their retirement would be delayed, some predicted the delay would be significant. Specifically, 39 percent thought the delay would be five years or more, while another 30 percent said their exit from the workforce would be stalled by between three and five years.

Of those who expect to retire earlier because of Obamacare, 71 percent think it will move up their retirement date by three years or less, while 8 percent believe they will be in a position to retire by five years or more, the survey found.

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

US Immigrant Population Has Doubled Since 1990

Saturday, 20 Dec 2014 14:48 PM

The immigrant population has nearly doubled in the United States since 1990, Census Bureau reports reveal, and if trends . . .

US Troops Fight ISIS in Western Iraq, Al Jazeera Says

Saturday, 20 Dec 2014 08:31 AM

U.S. soldiers clashed with Islamic State militants, helping the Iraqi army repel attacks against the town of al-Baghdadi . . .

Islamic State: Is it ISIS, ISIL, or Now, Daesh?

Saturday, 20 Dec 2014 14:09 PM

Adding to the confusion in Washington and across the country about what the call the Islamic State's terrorist fighters, . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved