How long do you think you're going to work? With talk of raising the age at which we're eligible to start getting Social Security to 70, many people are now planning to spend more time working than they ever expected before. According to a new survey, 36 percent of all workers plan to stay on the job past the age of 65; as recently as 1991, that number was just 11 percent. And 74 percent of all workers plan to fill some sort of job after their nominal retirement.
Those figures are in stark contrast to people who are already retired. Among those currently retired, 45 percent left the work force earlier than they wanted to. The number of Americans claiming Social Security benefits at the youngest possible age - 62 - hit a record high during the recent recession. At one point, 42 percent of all people aged 62 had filed for Social Security.
So it's clear that people want to work longer. What's not clear - and won't be clear until the economy is fully healthy - is whether there will be enough jobs for people to work as long as they'd like to.
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