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
The beach chairs will have to wait.   (Shutterstock)

(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.

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Showing 3 of 55 comments
$8105658
Feb 4, 2013 11:43 AM CST
they will be 'forced' into (permanent) retirement. Need to eliminate the old school Americans to make way for the entitled new demographic.
wei2szu
Feb 3, 2013 7:19 AM CST
Time to start looking into Ecuador.
Ballsackvagina
Feb 3, 2013 7:02 AM CST
Welcome to the new economy. Where grandpa baby boomers have to work at McDonalds because they are semi-retarded, bought crap they didn't need on credit, and generally failed savings and life. Enjoy the golden years suckers.