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.