Many people hope to retire in their early 60s. But how many people are still working into their golden years?

Answer: 26.6% as of 2022 and projected to be 29.9% by 2032

Source: U.S. Bureau of Labor Statistics

Questions:

1. Why do you think an increasing number of older people are still working at that age?
2. How do you think the number of older people still in the workforce will impact you when you look for a job?
3. Do you think your generation will be more likely to work past 65, compared to baby boomers?
4. What factors may determine how long you work compared to today’s retirees?

Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Federal Reserve Bank of Minneapolis):

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For more resources related to career planning, check out NGPF's Career unit.

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About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.