Stopwatch, money Delaying retirement affects not only employees and employers, but retirement policy and financial and health care planning. (Photo: Getty)

More than half of workers who are 60 years old and older are postponing retirement, and 40 percent of workers figure they’ll have to keep working at least until age 70.

That’s according to a new CareerBuilder study, which finds that 53 percent of workers aged 60+ aren’t anticipating retirement yet; 57 percent of men are delaying retirement, compared with 48 percent of women. And for many, that delay is anticipated to be years long, with 40 percent overall saying they won’t be able to retire until they at least hit 70.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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