With the current state of the economy, more and more people are being forced out of retirement. Right now the number of people over 65 working is on the rise. The Wall Street Journal reporting nearly a three percent spike over the last decade.
Eva Coffey, 60, was an accountant/comptroller for various companies most of her life. She retired 7 years ago, but after losing about 50% of her Roth IRA, and half the value of two investment properties, she's back at work again – as a school bus driver for $17/hour. But that's only part-time, about 15 hours a week and she needs more to make ends meet.
She and her husband have also had to shelve the idea of financing their retirement by selling their properties in this housing market. Coffey's husband works for the government and has put off planned retirement because of the economy.