Dends upon what you do. If there’s a physical element to your work the post 60 years start getting very dicey. I’m 60 with a torn rotator cuff. The recovery period of this puts getting surgery out of the question. I need another 10 years minimum.
Agreed, physical work takes its toll, eventually you have to say enough is enough.
I think this “trend” is more to do with nearly 20 years of economic crap, putting a lot of folks behind in the ability to retire comfortably, and the fact that work for a lot of people has changed....
I sit at a desk most of the time, I could keep physically working until my death, assuming my brain doesn’t go. My grandfather’s generation most folks did physical work, and while most could still work if they HAD to, their bodies had spent nearly 50 years taking a pounding, they were ready to stop.
I’ll be 60 in January and see no sense in retiring any time soon. I’m a professional Engineer and my job does not include any activities that are considered physically demanding plus they pay me too much money even though when I do retire my income will still be over 6 figures.
I'm still working 55 to 70 hours a week. My wife at 61 works 4 x 10 hour shift. Her diabetes is kicking her butt. This follows breast cancer with surgery/radiation in 2014. The medical insurance premiums, deductibles and ongoing cost of diabetic supplies is a severe drain on our two earner income. Her medical expenses can't be sustained in a retired condition. We'll wipeout all of our resources in a couple years. I'll work until one of us passes.
I can relate to that. I worked past 65 as I felt it was an absolute financial necessity. Ten years later, I was finding out that the work was becoming beyond my capabilities & income was dropping. Felt like I had to retire.