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Friday Figures: Spending Your Life at Work
I have been reading through our latest Emerging Workforce data and found something that was a bit surprising: 61% of all workers plan to work until they are 65 or older and 11% plan to retire after age 70. I even saw an article this week which profiled people working in their nineties - that's a bit extreme, though.
However, the reality is that lot of us will be working well beyond the traditional age of retirement. People are living longer, healthier lives and simply want to work longer to stay active, etc. But living longer means the need for more money and since it seems fewer people are saving for retirement these days, many people will need to work to maintain a certain lifestyle, pay medical bills and so on.
Will you be working into your sixties or seventies? And if you do, will you choose to go into business for yourself or consulting or remain in the corporate world?
Frankly, I have another 30 years until I even consider it, so it's hard for me to even imagine it now. But I do know that it will be hard to just stop working at age 65 and hang it up. Sure, it sounds appealing at this very moment as I sit here wishing I could go home or on an extended vacation, but after 40+ years of contributing at work, that's easier said than done.
Posted by Kip Havel on August 24, 2007 at 2:15 PM
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