Keep on workin’
More Americans say they want to continue working when they reach retirement age rather than retire altogether, with part-time work being the most popular option. However, the shift since 2013 by non-retirees who say they "want to" -- rather than "will have to" -- work part time suggests the need to work isn't as dire in today's post-Great Recession economy. Another possibility is that some employed Americans may be overly optimistic about their retirement finances, perhaps thinking they have enough money for retirement when in actuality they might not.
At the same time, nearly 40% of Americans now believe they will retire after 65 -- a stark departure from their beliefs in the 1990s. Whether it is working to make ends meet or for pleasure/life enhancement, more Americans plan to stay in the workforce longer.