Retire Early or Work Longer? Why More People Are Re-Thinking Their Retirement Plans
Briefly

The article discusses a significant shift in retirement perspectives among Americans, emphasizing how factors like inflation, healthcare costs, and changes in work dynamics are leading many to rethink their retirement plans. Data shows that 3.15 million people over 70 are working, indicating a wider unretirement trend not limited to baby boomers. Factors like the fear of boredom, the need for healthcare insurance, and the convenience of remote work also play crucial roles in this transformation. The traditional image of retiring at 65 is becoming obsolete as financial considerations dominate decisions.
According to December 2024 data, a whopping 3.15 million people over 70 are working in the U.S., underscoring the unretirement trend.
Individuals are concerned that retiring too early might cause boredom, a personal factor influencing when to retire.
Read at 24/7 Wall St.
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