Thursday, November 17, 2011

Forget about retiring at age 55. Or 65. Or perhaps even 75.

Many Americans say they will have to work until they're 80 - LA Times

One-quarter of middle-class Americans fear they will have to work until they're at least 80 years old to afford a comfortable retirement (if "retirement" is even the right word, given that many of these people may never actually retire).

That conclusion, in a survey released Wednesday by Wells Fargo & Co., found that nearly three-quarters of Americans expect to continue working into what long has been retirement age. A little more than half of those said they'll need to work to pay their bills, while the rest said they want to keep working.