A Wells Fargo poll showed that 74 percent of middle class Americans plan on working during their retirement years. Twenty-five percent said that they may even work until they are 80-years-old.
“People were thinking that they were moving to Florida or moving to their cottages full-time,” says Kris Santillo of Lifespan. “Actually, they are having to stay here in the city, because they have to continue working to supplement their income.”
Robert Ashford initially retired when he was 62-years-old, but he found himself looking for a job again a few years later.
Now he’s working part-time for Lifespan at Lily’s Café in the Maplewood YMCA.
“I did find that living on a fixed income can be hard,” Ashford says. “It really can be hard for seniors and the elderly. I thought that I would work part-time to help me out a little bit and it definitely will.”
Peggy Lukens also works for Lifespan as an accountant. She is 65-years-old now and says she always imagined she would be retired by now.
But now she feels that 65 is still young, especially since Americans are living longer and longer.
She continues to work because she enjoys it but also because it helps out with finances.
“I think since the recession things have definitely changed,” she says. “The inflation, the cost of food, everything is just getting so expensive. Health costs have gotten so expensive. I don't even have a plan yet as to when I’m going to retire. I'm just going to wait here and see how I feel. I still enjoy my job.”
In Monroe County, the number of people in the workforce over the age of 60 increased from 17 percent in 2000 to 23 percent in 2010.
Source:http://www.13wham.com/news/local/story/Americans-Plan-to-Retire-Past-Age-65/oVURZSc-2Ue0wmHjdRBkHg.cspx?autoplay=1
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