Working Past 65 in America

SOURCE www.nbcnews.com
More Americans are choosing to work past 65 due to financial needs and changing retirement systems. The aging population and shifts in retirement benefits have contributed to this trend, with many working past the traditional retirement age for personal satisfaction or monetary necessity.

Key Points

  • A growing number of Americans are working past 65 due to financial needs and changing retirement systems
  • The aging population and shifts in retirement benefits have contributed to this trend
  • Employers are recognizing the value of older workers for their expertise and soft skills

Pros

  • Financial security for older workers
  • Mentorship opportunities for younger employees
  • Utilizing the expertise and skills of older workforce

Cons

  • Pervasive culture of ageism in the workforce
  • Challenges in finding suitable employment for older workers
  • Financial uncertainties related to Social Security