Simmons Survey Reveals More People Putting Off Retirement.

DEERFIELD BEACH, FL. – May 2005 - Simmons, an Experian company and the most respected authority on the behavior of the American consumer, today revealed that more of America’s workers are putting off retirement, according to the latest Simmons National Consumer Survey (NCS).

“There is no question that people are concerned that they will not have what they need to retire at a younger age,” said Bill Engel, Co-CEO of Simmons Market Research. “Retirement accounts, coupled with lower interest rates in the last few years, have led some workers to either hold off on retirement or pick up extra work when they would rather be hitting the golf courses and enjoying themselves.”

According to the NCS:

•In 2004, eight percent of respondents, between the ages of 55 and 59, said they worked full-time. That is up two percent over the same age group in 1999.
•In 2004, six percent of respondents, between the ages of 55 and 59, said they worked part-time. That is up two percent over the same age group in 1999.
•In 2004, four percent of respondents, between the ages of 60 and 64, said they worked full-time. That is up one percent over the same age group in 1999.

Simmons National Consumer Survey is a comprehensive study of American adult consumers in all their diversity. It provides information on consumer usage behavior for all major media, more than 450 product categories and over 8,000 brands. The NCS includes demographic, psychographic, and lifestyle descriptions of all Americans, including the Hispanic/Latino market. It is a must-have for any business that really wants to understand their consumers in this multi-cultural, multi-channel, multi-media type of world.

For more information, please visit us at www.smrb.com or contact Dave Aneckstein at 954-427-4104, Ext. 148 or davea@smrb.com.

Simmons Market Research
Simmons, an Experian Company, has been a leading chronicler of the American consumer for over 50 years. From the products they buy and the brands they prefer, to their internet shopping behaviors, attitudes, lifestyles and the media advertisers that target them. Using statistically project-able samples, Simmons measures over 30,000 American consumers each year. Simmons' samples include the largest representation of all Americans, including, Hispanic, African American, Asian and other consumers and are used by over 500 clients worldwide to provide the most complete picture available on America's consumers. We welcome you … to the world of the American Consumer … through the eyes of the authority in the business… Simmons, an Experian Company.


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