Why Are Americans Working Longer?
Retirement PlanningListen:
On This Episode
A recent study revealed that 19% of Americans over the age of 65 are still working, which is twice as high as it was 30 years ago. Today, we’ll explore some of the reasons behind this statistic.
From a sheer love for one's job to the financial necessity brought on by longer life expectancies and late-life divorces, the reasons for working longer are as diverse as the workforce itself. However, many people are scared to retire due to fear of the unknown. Working with a financial professional like Mark can provide you with the guidance, confidence, and clarity needed to step into this new stage of life.
Here are the quotes we discuss in today’s show:
- Some people truly love their job
- A divorce can force someone into working longer than they originally planned
- Waiting for Social Security full retirement age
- Some people simply haven’t saved enough
Thanks for joining us! We’ll be back for another show every other Thursday.
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