Americans Working Longer, Still Unsure of Retirement
by Anthony Sibley (AJ) on Feb 9, 2014 | Views: 103 | Score: 0
Percentage Expecting to Work Past 65 | |
---|---|
1995 | 12 |
2002 | 21 |
2012 | 39 |
Sources:
gallup.com, gallup.com
Percentage Expecting to Work Past 65 | |
---|---|
1995 | 12 |
2002 | 21 |
2012 | 39 |
In recent years, average American workers' expectations for retirement have changed drastically, with far fewer anticipating enjoying a financially secure retirement, and as such, far more expecting to work past retirement age. Financial concerns stemming from the economic recession are being exacerbated by the long-term insolvency of Social Security and Medicare, both of which require immediate reform to remain sustainable.