Working Past 65

Are you planning to stop working at age 65? That may be a thing of the past. According to Northwestern Mutual’s new 2019 Planning & Progress Study, 46 percent of Americans expect to work past the traditional retirement age of 65.

On the positive side, 53 percent of Americans who said they expect to work past the age of 65 have noted that it will be by choice. This is slightly higher than the 47 percent who reported they expect to beyond retirement age out of necessity.

Why keep working? These are the most popular answers:

• 58 percent believe they will still enjoy their career by age 65 and wish to continue.
• 46 percent believe they will want additional disposable income.
• 39 percent believe working is a social outlet that will help them stay active and prevent boredom.