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Surprise! Americans Now Want to Work as Long as Possible, New Study Reveals

Surprise! Americans Now Want to Work as Long as Possible, New Study Reveals

(Press Association via AP Images/Gareth Fuller)

By    |   Wednesday, 07 September 2016 05:07 PM

Some 70 percent of Americans say they want to work as long as possible, according to a new study by Bankrate.com. 

In addition, early retirement is no longer the goal it once was, with just 13 percent of non-retired respondents saying they hope to retire in their 50s.

The Bankrate Money Pulse survey of 1,000 adults, conducted from Aug. 18-21, also found 38 percent of those who plan to stay on the job want to continue because they like to work. Another 35 percent said they need the money, while 27 percent said they both wanted and needed to.

"Working during retirement brings a lot of benefits," Bankrate.com retirement analyst Jill Cornfield said. "I'm not surprised that nearly three-quarters of people said they’d like to work as long as they can while in retirement.

"It's not just the money. When you can work as a consultant or find some part-time gig, it really helps you stay sharp."

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Some 70 percent of Americans say they want to work as long as possible, according to a new study by Bankrate.com.
retirement, work, americans, saving
157
2016-07-07
Wednesday, 07 September 2016 05:07 PM
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