The Norman Transcript

October 16, 2013

People put off retirement


The Norman Transcript

NORMAN — Older Americans are putting off retirement and acknowledging the fact that they may work long after the golden age of 65, a new study shows. The Associated Press and the NORC Center for Public Affairs Research poll found that 82 percent of workers age 50 and older say it’s somewhat likely they will work for pay in their retirement years.

Nearly half of those surveyed say they plan to work longer than originally expected.

Factors that influence us are financial needs, better health and longevity, ability to do jobs and benefits.

Older adults are now the fastest-growing segment of the American work force; people age 55 and older are forecast to make up a fourth of the civilian labor force in 2020, according to the AP.