Most Middle-Aged Americans Plan to Delay Retirement

It's a sharp increase from just a few years ago

By John Johnson,  Newser Staff

Posted Feb 1, 2013 4:22 PM CST

(Newser) – The Wall Street Journal notes a telling statistic in a new study: Nearly two-thirds of Americans age 45 to 60 say they will have to delay retirement, a jump from 42% in only two years. The pessimism comes despite a rebounding stock market, rising home prices, and a general uptick in employment. The problem, says a co-author of the report for research group the Conference Board, is that many people in this age bracket dipped heavily into savings over the last few years. As a result, expect the American workforce to get noticeably grayer in the near future, says the Journal.

The beach chairs will have to wait.
The beach chairs will have to wait.   (Shutterstock)
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