Economic Report: Number Of U.S. Workers Age 65-74 Is Increasing

[Omaha Steve]

http://www.laborradio.org/node/10544

Economic Report:

According to the Bureau of Labor Statistics, fewer workers are retiring when they hit 65. By 2016 the number of senior workers between the age of 65 and 74 are expected to rise by 83.4 percent. At the end of last year 68 percent of workers between the ages of 50 and 70 had no plans to retire. The deepening recession is expected to accelerate those numbers.

[sandnsea]

1. I can't get full benefits until I'm 70

And I can't get any benefits until I'm 66 and 6 mos.

That's why people my age say we're not really planning to retire. Most of us are going to have to work until we drop because we'll be dead by 70 or very shortly afterwards.