Many Americans now hope to be able to work past 65 to help cope with rising costs. For many, the dream of retiring at 62, or even 65, appears to be beyond reasonable expectations. Some older Americans are thinking they may never be able to retire.
Although they expect to stay employed longer, many have already discovered that it also may not be a realistic hope. Many large companies (including Google, Amazon, Microsoft, and many more) have laid off hundreds of employees, and smaller companies are sometimes bought, merged, or closed. The result for many older Americans is that they were laid off or forced to retire years before they planned to. Afterward, many seniors found that companies would not hire them because of their age, leaving no other choice but to retire.
