Health was the chief barrier to people working longer, says a new study. (Photo: Shutterstock)
A new study has found that the majority of people think it's more likely than not that they'll still be working after age 65. And it doesn't necessarily have to do with money.
According to a blog post from the Center for Retirement Research at Boston College, the study "Latent Work Capacity and Retirement Expectations" found that health was the chief barrier to people working longer, with "adults ranging in age from 18 to 70 … asked to rate themselves on a 1-to-7 scale for 52 different cognitive, physical, psychomotor, and sensory abilities that determine their capacity to work," said the post, with "abilities run[ning] the gamut from written comprehension, pattern recognition, and originality to finger dexterity, reaction time, and vision acuity."
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
