In light of the unrest in France over changes to the mandatory retirement age, as well as the ongoing discussions in this country of the effect of retirement age on Social Security, Extend Health last week polled our retiree panel for their opinion on the issue.  CNBC picked up on the results this morning in a story on why retirement age matters.

We learned that most people (85%) don’t think there should be a mandatory retirement age. Of the 15% minority who think there should be a mandatory retirement age, 42% say it should be 65; 31% say it should be 70; 21% say it should be 67; and the remaining 6% say it should be 72.

Out of the total, 17% are still working at a paying job or have their own business; the majority of that group (62%) say they do it to stay active and engaged.

Click on the link to see the full results, based on responses from 431 retirees over the age of 65. Read the rest of this entry »