Well over half of American workers surveyed (57 percent) anticipate that they will work beyond the traditional retirement age of 65 or never retire at all.
The finding was uncovered in a recent Swiss Re survey timed to coincide with the beginning of National Save for Retirement Week.
The survey cements the growing realization by many Americans of a retirement landscape markedly different from that of generations prior.
“Americans are starting to recognize that living longer will require a shift in retirement planning. For many Americans surveyed, 70 is the new 65,” George Graziani, Head of Longevity North America for Swiss Re said in a statement.