WASHINGTON (CBSDC) – A recent Gallup poll indicates that a significant portion of American workers plan to continue working past the age of retirement.
A sampling of 1,005 adults, ages 18 and older, were questioned during Gallup Economy’s poll, which was conducted between April 4 and April 14 of this year.
From that poll, Gallup researchers concluded that three-quarters of the working American populace plans to work well into what should be their retirement.
Conversely, just 19 percent of Americans stated that they plan to retire when they reach the American age for doing so.
For Americans born in 1960 or later, the age of retirement is 60, according to the U.S. Social Security Administration.
Rather than feeling obligated to do so, however, many survey respondents indicated that their decision to work past retirement age is a matter of choice. The amount of those who feel they must work into their sixties was not much smaller, however.
“[According to our poll,] 40 percent [say] they will [continue working] because they want to, and 35 percent because they will have to,” a release on the study’s findings noted.
People in the United States earning $75,000 or more annually were the most likely to say they would continue working.