Americans Keep On Working

When it comes to retirement, a whopping 75 percent of Americans say they plan to work “as long as possible” in retirement, according to a new report from Bankrate.com. And for many of them, it’s not because they love their jobs:

• 38 percent say they are planning to work because they want to
• 35 percent say they plan to work because they need the money
• 27 percent said they plan to work because they need the money and want to work

According to the Bankrate.com survey, 47 percent of retirees are either very worried or somewhat worried about outliving their retirement savings. That’s up from 37 percent the last time that question was asked, in 2009. Only 25 percent said they had no plans at all to work during retirement.