Drawing on a nationally representative survey of 1,591 U.S. adults ages 22–75, this research uncovers a five-year difference between when current retirees, on average, actually left the workforce (age 57) and when future retirees expect to retire (age 62), with half of those planning to retire anticipating they’ll need to delay even further. Future retirees are shifting away from traditional income sources like Social Security and pensions, planning instead to rely more heavily on personal savings and continued employment. Career interruptions remain a significant but underappreciated threat to retirement security, as half of U.S. adults have left the workforce for more than a year.
The entire study Bridging retirement expectation gaps New evidence and insights can be downloaded here:
https://www.tiaa.org/public/institute/publication/2026/bridging-the-gaps-in-retirement-expectations
Remember my earlier post The Fear Shared By Most (Not Just Another Random Thought on Retirement) describes the greatest fear in retirement is outliving your savings. And Economist Teresa Ghilarducci is of the opinion working longer is not a plan but an illusion.
Yikes.
lifeunderwriter.net 
What do you mean an illusion? I thought working longer was a fact for the majority of people nowadays.
Mon 8/17
“Illusion” is the term economist Teresa Ghilarducci uses to describe a retirement plan of working longer. When people state their intention to work longer past the traditional age of 65 it is not a plan but a set of assumptions about the future. Research including the study referenced show people retiring earlier than anticipated. So planning on working longer does not occur routinely due to health, job loss, employment prospects, etc.