MORE NATIONAL NEWS
West Virginia News
News from region's first prime-time newscast. You'll find it First On Fox!
AGING AMERICA-DELAYING RETIREMENT
AGING AMERICA: Poll shows retirement coming later in life, no longer full exit from workforce
Reported by: Associated Press
Reported: Monday, October 14, 2013 3:27 AM EDT
A new poll shows about half of working people 50 and older plan to retire at a later date than they previously expected.
They're not just working longer but continuing to work even after retiring from their primary career. More than 80 percent of those workers say it's at least somewhat likely they will do some work for pay even after retirement.
Workers 50 and older plan to retire at about 66, nearly three years later than their expectation when they were 40.
Finances, health and the need for employer benefits are most likely to play a role in retirement timing.