These are the top reasons people delay their retirement

These are the top reasons people delay their retirementThese are the top reasons people delay their retirementNew data from TD Ameritrade shows that the need to save mora is the most popular reason why people delay retirement, at 74%.Its also important to note up front that according to the report, while 50% of respondents would like to retire by 60, just 33% expect to do so.The Harris Poll surveyed 2,002 American adults for TD Ameritrades research. For clarity, here are the age brackets provided for each generation in the studyMillennials (ages 18 to 34), Generation X (ages 35 to 52), Baby Boomers (ages 53 to 72) and the Greatest Generation (ages 73 and older).Why Americans say theyll put off retirementNeed to save more 74%To qualify for social security 37%To qualify for Medicaid 23%Afraid of getting bored 20%To take care of their kids 16%To take care of their parents 7%Overall, while an average of 24% of Americans surveyed said theyve officially retired, the report also breaks thin gs down by generation. These are the percentages of people who are retiredMillennials 1%Generation X 8%Baby Boomers 46%Greatest Generation 87%Heres how Americans say theyre getting ready for retirementHave you used any of these methods?Reducing expenses to save more 68%Contributing more to retirement 53%Increasing income outside of job 30%Shifting to higher return/risk assets 18%But while 72% surveyed dont think their social security will be enough money for how much they spend, 51% dont think theyll have more than enough to cover their needs. A whopping 60% say they have/had no idea how much to save for life beyond 65.