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Nearly 80% of workers expect to work past 65

Nearly two in five (38 percent) of working adults estimate they will have to work until age 75 or older before they can retire.

By Warren S. Hersch | Updated on August 29, 2014
Nearly two in five of working adults estimate they will have to work until age 75 or older before they can retire.

Working adults ages 60-plus are more pessimistic than younger colleagues that they will be able to retire by age 65.

So reports Northwestern Mutual in its annual “2014 Planning and Progress Study: Talking Money & Retirement.” Based on a survey of 2,092 U.S. adults ages 18 and older, the survey aims to ascertain, among other objectives, Americans’ attitudes toward money and financial decision-making, perspectives on working with a financial advisor and the client experience, and people’s preparedness for retirement.

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