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Retirement, Slipping Farther and Farther Away

``Over the last decade and a half, Americans' expected retirement age has slowly risen to 67 from 60, according to a new Gallup survey... Americans have been putting their money where their mouths are, so to speak, and have been working longer and longer in recent decades. In 1996, for example, 45.8 percent of workers ages 60 to 64 were either working or looking for work.
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What Alan Simpson doesn’t know about life expectancy and Social Security

Business & Finance : Ezra Klein (3 years ago)

Since Social Security’s inception, life expectancy at age 65 has risen about five years and the retirement age has increased by two years, so beneficiaries are getting three more years of Social Security now than they were then. Mos... Read Post

32% of Americans Not Saving Any Money

Business & Finance : Business from Newser (2 months ago)

A new survey finds that nearly one-third of all US households aren't putting away any money for a rainy day. The American Savings Education Council survey finds that just 68% of Americans spend less than they make and save the rest,... Read Post

Retirement, Slipping Farther and Farther Away

Business & Finance / Economics : Economix (2 years ago)

Over the last decade and a half, Americans' expected retirement age has slowly risen to 67 from 60, according to a new Gallup survey. Read Post


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