Americans are living longer than past generations, and for many that means working longer, too. While for some this might be a choice, for many it is a financial necessity, according to a new report published Oct. 22 by the Stanford Center on Longevity.
Over the past century, Americans have added nearly 30 years to their lives. But about 50 percent of Americans are not financially prepared for these extra years, said Stanford psychologist Tamara Sims, who is the lead author of the report.
