Overview

• A survey of 1,000 Americans aged 65 to 99 finds 51% intend never to retire
• Financial necessity drives extended work for 48% of respondents and only 34% say they feel prepared for retirement
• Forty percent of seniors would keep working even without financial need to maintain mental and physical wellbeing
• Sixty-eight percent report that employment gives them purpose and 55% say a job makes them feel valued in society
• Financial advisors recommend phased retirement, redefined purpose and structured routines to help older workers break the “one more year” cycle