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Why more women are putting off retirement

Is working longer the "lazy" answer to the retirement income crisis? For policy makers, maybe, but for women, it's a practical matter.

By Ben Steverman | Updated on September 19, 2016
Expect more and more older women to keep working, whether they want to or not. (Photo: Getty)

(Bloomberg) — More and more older Americans are working longer. Women, new research suggests, are much of the reason why. 

Working into your late sixties, even seventies, is hardly as rare as it used to be; just ask Hillary Clinton, 68, or Donald Trump, 70. Today, Americans are more likely to work past 65 than at any point since before Medicare was created in the 1960s—but most are men, whom we’re used to seeing work well into old age. (Think Carl Icahn, still moving the market with his activist investing at 80, or Warren Buffett, at 86 heading $360 billion Berkshire Hathaway.)

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