Retirement at 65 becomes a reach for some, as seniors stay in the workforce

Retirement at 65 becomes a reach for some, as seniors stay in the workforce

A person’s 65th birthday used to be a milestone. That was the age at which your working days were over and your retirement began.

For millions of Americans nowadays, however, that’s no longer possible. Nearly 20 percent of people age 65+ are still working full or part-time— the highest rate since 1962 . After the end of the Great Recession, more seniors were forced to stay in the workforce for longer, in order to make ends meet.

"It is financially driven," AARP’s senior vice president of programs Jean Setzfand told CNBC’s "On the Money" in a recent interview."Our research shows us […]

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