Economics

47 Percent of Americans Expect to Retire Later Than Initially Planned

Get used to it

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Many Americans are delaying retirement or plan to work after retirement, according to a new study.

Some 82 percent of workers 50 and older say they are somewhat likely to work well into their golden years, according to an Associated Press-NORC Center for Public Affairs Research poll. And 47 percent now expect to retire later than they previously thought -- on average nearly three years beyond what they estimated when they were 40. Men, minorities, parents of minor children, those earning less than $50,000 a year, and those without health insurance were the most likely to put off their retirement plans.