If you are 60 right now, there is a very good chance you will live to 90, especially if you are a woman, although the actuarial chart gap is closing for women and men. Probably due to more women in the workplace in high-stress jobs.

The point is that you could live a long time and how will you live with the money you currently have? If you have a 401K, it’s a precarious slope when you think about 30 years.

As people are living longer, planning for a comfortable retirement becomes increasingly important. The uncertainty of the stock market and the reliability of Social Security can make retirement planning a daunting task.

It's important to take a comprehensive approach to planning for retirement that considers not only financial investments, but also personal factors such as health, lifestyle, and interests.

This may include seeking advice from financial advisors, creating a retirement budget, considering additional sources of income, and developing a plan for staying active and engaged in retirement.

It is important to plan for one's financial future, especially as one approaches retirement age. It's important to consider factors such as life expectancy, health, retirement savings, potential changes to Social Security benefits and employee retirement plans, and the stability of the stock market.

It's also important to have a plan for how to live with the money one has and make it last throughout retirement.

With so many variables to consider, it is essential to seek professional advice and create a comprehensive plan to ensure a secure financial future.

Your survival during these years will be totally up to you. It’s not up to your former company anymore. You’re out of there.

If you wonder why people over 60 are still working, it’s a combination of not knowing how long you will live, how far your money will take you for that period, and, the biggest wild card, what your health will be. There are two factors that will influence your decisions the most after 60 – economics and health.

Economics and health are major considerations for older workers, especially when it comes to deciding whether to continue working, switch to a different type of work or retire. The decision will largely depend on individual circumstances, such as financial situation, health status, and personal preferences.

The goal is to plan and make informed decisions to ensure a secure and comfortable future.