of respondents planned to retire before age 70
• Now, the number of seniors planning to retire by age 70 dropped to 40 percent
• Before the economic crisis, 30 percent of those surveyed planned to retire after age 70
• Now, almost 50 percent of seniors plan to retire after age 70
• More than 40 percent of seniors polled said the current economy has had some kind of negative affect on their ability to retire
• More than 50 percent of respondents said they are concerned that their overall net worth may no longer be enough to sustain their retirement
• 86 percent of seniors said they had a reasonable understanding of their net worth, and 50 percent said that net worth had declined by between 10 and 30 percent

The independent online survey, conducted with United Sample, Inc. (www.unitedsample.com) in partnership with Golden Gateway Financial, polled a nationwide representative sample of more than 500 senior citizens aged 62 or older. A complete list of questions and percentage answers are available at the Golden Gateway Financial website or by contacting the company.

Eric Bachman is founder and CEO of Golden Gateway FinancialTo learn more about Golden Gateway Financial or to access the company's entire suite of retirement resources and tools, including its award-winning reverse mortgage calculator, please visit http://www.goldengateway.com.