Before the most recent recession began in late 2007 and wiped out many a savings account, other factors already were forcing more Americans to delay their retirement dreams.
Mainly, weâ??re living longer, which means retiring at the traditional age of 65 demands living longer without a paycheck. The average life expectancy was 61 years at the advent of Social Security in 1935 and now itâ??s 78 years.
Working longer before retiring wonâ??t be such a terrible thing for many Americans who are able to sit behind a computer, but will be a strain for construction workers and others whose skills are in physical labor.
Have Americansâ?? perceptions of retirement been permanently altered by the recession? If youâ??re planning for the future, at what age do you anticipate retiring?
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