Life expectancy for lower class people, blue-collar workers, and manual laborers has not gained significantly - and neither has productive life expectancy.
If you threw out your back stocking shelves at 43, what exactly are you supposed to do? Get a desk job? If you were capable of getting a desk job, you probably would have done that before you crippled yourself.
It seems that for most healthy, after 70 body goes down the drain too. I cannot imagine myself doing same software dev work at this age, all the bullsh*t and pressures that corporate jobs contain would make me leave on my own.
My plan is to retire earlier (60-61), not later! Enjoy the world, life and freedom of travel while there is still some strength in the body. I don't get why anybody would want to work more than necessary (unless your job is your hobby, but that is true for very few)
Cause there's more to life than work? For most people, vacations are discouraged, and there's lots of stuff that people are told to "wait until retirement" to do. If they're never going to retire, when are they going to do stuff that isn't job?
Very few people retire at 20 or 40; I fail to see why in an era where people are starting to expect to live until their 80s they should stop working at 65. Is it not good for us all to have the contributions, knowledge & experience of those over 65 in the workplace?
Pension plans (public & private) were built decades ago, based on assumptions which no longer hold true; should they not be revisited?