Working Beyond Age 65 Quickly Becoming the Norm?
“Age 70 is becoming the new target retirement age in the U.S.” So says a post by Steve Vernon of Moneywatch, who observes that longer life spans, coupled with improved health, make it feasible for many to stay in the workforce longer. The related benefit of this is, of course, an improved financial situation for those later years, brought about by more years of earning, more years of Social Security contributions at a likely higher wage rate, and the ability to more easily accrue those beloved Delayed Retirement Credits available until age 70. Check out Vernon’s thoughts on the subject, posted at www.cbsnews.com…
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