More workers delaying retirement - Wichita Business Journal:

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The Arlington-based human resourcess consultant says 34 percent of all workers surveyed have pushed back their retirement plans in the last Among workers 50and older, 44 perceng are delaying retirement longer than “The economic crisis has affected many retirement plans and nest but those nearest to retirement have been especiallyt hard hit, said Watson Wyatt (NYSE: WW) senior retiremenrt consultant David Speier.
“Oldedr workers do not have the time to offset declining retirementaccount values, either by recoupingb their investment losses or significantly increasing their savings Declines in the value of theidr 401(k) accounts ranked as the top reasoh for delaying retirement, but investment losses aren’rt the only reason. The survey says 63 percent cited the high cost of healthcars and 62 percent cited highetr prices forbasic necessities. Thoses postponement plans may have already changed a bit for many The Watson Wyatt surveg was conductedin February. The S&P 500 has ralliedx more than 35 percent since itsMarch low.