With baby boomers having to work longer just to keep up with their expenses—whether nominally retired or not -- you're correct if you think there are more older people in the workforce than before.

In fact, according to Provision Living, in some cities people aged 65 or older actually make up at least 20 percent, or even more, of the workforce.

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Marlene Satter

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