The biggest spike in employment has gone to college-educated older workers. (Photo: Shutterstock)

(Bloomberg) –Just as single-income families began to vanish in the last century, many older Americans are now forgoing retirement for the same reason: They don't have enough money.

Rickety social safety nets, inadequate retirement savings plans and sky high health-care costs are all conspiring to make the concept of leaving the workforce something to be more feared than desired.

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