Economic uncertainty drives more American seniors to work

The number of seniors delaying retirement is surging, driven by economic uncertainty and increased life expectancy, with many working to maintain financial security. A recent study revealed nearly one in five Americans aged 65 and older are employed, a significant increase from 1987. This trend is fueled by financial needs, as many older workers seek to supplement their retirement savings. While some, like 94-year-old British businessman Derek Price, work for enjoyment, the broader trend reflects concerns about outliving savings, with the number of older workers expected to rise significantly by 2030.