NEWARK, N.J. (AP) -- Most Americans want to retire early from their full-time jobs but continue working in a different capacity, according to a survey.
The national survey by the John J. Heldrich Center for Workforce Development at Rutgers University, and the Center for Survey Research and Analysis at the University of Connecticut, found that only 10 percent want to stop working altogether when they retire from their full-time jobs.
"Americans don't want a gold watch and an easy chair," said Carl Van Horn, director of the Rutgers center. "But in today's economy, workers also don't need the same time out their aging parents did. With the decline of manufacturing and the rise of technology and service jobs, work is no longer associated with repetitive tasks, sore muscles and aching backs."
The survey was based on telephone interviews with 1,005 workers between Aug. 4 and Aug. 31. It has a margin of error of plus or minus 3 percentage points.
It found that 70 percent of those surveyed would continue to work in some capacity even if they had enough money to live comfortably for the rest of their lives.
Forty-two percent would like to work part-time for enjoyment, 11 percent would do volunteer work, 10 percent would work part-time primarily for the income, and 19 percent would like to start their own businesses.
Twice as many women as men (10 percent to 5 percent) believe they will never be able to retire, and 30 percent of women believe they will have to work until they are 61 to 65, compared with 22 percent of men.
The survey also found worry about the shape Social Security will be in. Sixty percent of those surveyed said they don't believe Social Security and Medicare will be available to them when they stop working.
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