Wealthy Americans More Likely to Eschew Retirement, New Study Says

Press release from the issuing company

Wednesday, September 4th, 2013

A new report reveals a surprising trend among workers in America earning over $750,000 per year. Business Insider has published an article referring to a report by the Spectrem Group, a financial consulting and market research firm, which shows that top earners have no plans to retire. On the other end of the spectrum, workers with lower incomes state the ability to retire whenever they want to is a major job-related concern.

PaydayLoansOnline.net, a leading U.S. based consumer finance website, believes that the report highlights a growing disparity within the socio-economic divide, as those working for the lowest incomes feel unmotivated and under-remunerated. The site is committed to helping individuals with all financial backgrounds to increase their fiscal security, either by beating bad credit, making smarter career choices or developing more responsible borrowing habits. It can also help introduce consumers to reputable and reliable short term lending companies for emergency assistance.

Sam Milo, spokesperson for PaydayLoansOnline.net, commented on the report in the following statement:

"The Spectrem report on retirement and wealth makes for interesting reading, but it certainly shows growing inequalities between the upper and lower echelons of American earners. The trend, although surprising, does show the importance of security being derived from employment and a solid pay check."

The statement continued, "The report shows that the key to financial security must come from better earning power, and we advise consumers who are experiencing financial difficulties to look at the bigger picture. They should ask themselves if they can improve their prosperity by making career changes that boost their earning power and give themselves and their families a greater incentive to work and enjoy their jobs while feeling valued."