1/31/2014 – For Some, Retirement Is Out of Reach. For Others, Boring (New York Times)

Feb 03, 2014 No Comments by

In just a few days, Jay Leno, 63, the host of the “Tonight” show for the last 22 years, will be ceding his comedic throne to the 39-year-old Jimmy Fallon.

Not willingly, as it happens.

“It’s not my decision,” Mr. Leno said during a Jan. 26 interview with Steve Kroft of “60 Minutes.”

Mr. Leno’s reluctance to leave his job — for the second time, no less — echoes the sentiments of many baby boomers, who were born between 1946 and 1964. Although the average age at which current United States retirees say they stopped working is 61, up from 59 in 2003 and 57 in 1993, a January Gallup poll of 1,929 members of that generation found that 49 percent didn’t expect to retire until age 66 or older. One respondent in 10 expected never to clock out for good — assuming they had the choice.

Read the full article at the New York Times.

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