Growing number of Americans delay retirement: "Rising costs are on my mind"
Summary
About 20% of Americans aged 65 and older are still working or trying to find jobs. Many say they must keep working because their expenses are going up.Key Facts
- Nearly one-fifth of adults 65 and older are working or seeking work.
- This is the highest rate in many decades.
- Rising costs are a main reason people delay retirement.
- Some older adults do not see working as a choice but a necessity.
- The report comes from CBS News, with Kelly O'Grady as the reporter.
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