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Detroiters Ready To Retire In Record Numbers According To Survey

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CBS Detroit (con't)

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DETROIT (WWJ) – More metro Detroiters are ready for retirement compared to other regions.

In a new survey released Tuesday from Ameriprise Financial it appears that more folks in the area are thinking ahead to their golden years.

Detroit ranks surprisingly high, number 2 out of 30, on an index of retirement readiness that according to Ameriprise Financial.
The survey was taken before Detroit filed for Chapter 9 Bankruptcy protection.

Was the city’s financial crisis a factor among those considering retirement?

Alicia Botti, an adviser with Ameriprise Financial in Northville tells WWJ’s Stephanie Davis that the economic conditions in the city may have been a factor.

“Well, it’s hard to know the specifics because it is a survey and it was run right before Detroit declared bankruptcy,” said Botti. “But the general economic woes of the city may have made people a little more aware of the need to be proactive about their own planning.”

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