Top 10 reasons people postpone retirement
2. They're saddled with debt
Older Americans are sinking under credit card, medical, and other bills; 63 percent of workers said they were actively paying off debt, more than double the number from 2009, according to the Towers Watson survey. Retire Smart columnist Mark Miller found that in a recent national sampling of consumer debtors, the average age of bankruptcy petitioners is rising, with the sharpest increase among those over age 55.