In the “shocking statistics” category, I wanted to post the following quote in this Morningstar article on the US retirement savings crisis:
The notion of retiring is a recent phenomenon. In 1880, roughly 75% of men 65 years and older were still working. Life expectancy (at birth) was about 45 years. Today only about 25% of men 65 years and older are still working, and life expectancy is 78 and climbing. People are actually retiring!
Statistics like this should help put our idea of “retirement age” in context.
When checking for other retirement “shocking statistics” I thought I had already posted, there was one I’ve often repeated but realized hasn’t been posted on this site yet, from WiserWomen.org and quoted in this MarketWatch article: 80% of men die married, 80% of women die single. This statistic sounds a little too round and too neat, so probably should be checked against this Harvard article.