We’ve all heard the horror stories about Americans not having enough money on which to live out their golden year, and that’s caused a big problem with regard to retiring and punching our last time clocks. For many people, this has meant postponing retirement and staying in the workforce longer.
Well, that was the idea anyway.
Data on retirement age doesn’t necessarily support that idea. More people retired closer to 62 rather than 67. Although, that number was skewed because of the recession, job loss and “forced” retirement. However, these days, the working age is starting to match our expectations – and that’s not necessarily a good thing.