Financial Necessity Drives More Older Americans to Work Past Traditional Retirement Age

More older Americans are working past traditional retirement age due to financial necessity, with those over 75 being the fastest growing age group in the workforce.

Reasons for continuing to work include rising costs of living, inadequate retirement savings, and changes to pension plans.

While some enjoy continuing to work, others take large pay cuts or physically demanding jobs to make ends meet.

Age discrimination makes it harder for older workers to find jobs, despite laws theoretically protecting against it.

As the workforce ages, employers may need to implement more health-promoting policies and flexible arrangements to retain older workers.