Income Decline
Retired attorneys typically see their income drop by up to 70%.
Retirement Savings
Nearly 40% of attorneys feel they haven’t saved enough for retirement, putting their post-retirement financial stability at risk.
Loss of Billable Hours
Upon retirement, the steady stream of billable hours that has been a primary source of income for decades often comes to an abrupt halt.
Increased Healthcare Costs
As attorneys age, healthcare costs tend to rise, further straining retirement savings if not adequately planned for.