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Age 70 Retirement…Potentially the New Norm?
Life expectancy is continuing to grow…that’s no statistical secret. With Americans likely to live into and past their late 70s, and many living into their 90s and beyond, the “normal” retirement age of 65 appears long gone. The full retirement age in fact is now set at 67 for those born in 1960 or later, but is that realistic for the future? Rate.com’s Carla Fried, in a post on www.courant.com, presents a case for staying in the workforce, at least in some capacity, until age 70. Her article, which you can access here, offers suggestions on how to accomplish this and how to set yourself up for a comfortable retirement in your 70s.