More Americans Putting Off Retirement; More Reasons Than Money - KTVN Channel 2 - Reno Tahoe News Weather, Video -

More Americans Putting Off Retirement; More Reasons Than Money

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Dr. Hal Kaplan spent more than 40 years working as a gastro-entorologist and hospital administrator. Last year he decided to hang up his stethoscope. "I then managed to stay retired for six full weeks but I wasn't any good at it."

So he decided to return to work - and now teaches medical students. "It really isn't work - it's doing what I enjoy."

It turns out a significant number of people plan to keep working in their retirement years - not because they have to, but because they want to. A 2012 AARP survey of future retirees, found 31% plan to stay at work because they enjoy it...up from 21% in 2007. "People are remaining at work because they like what they are doing, they want to make a contribution, they want to remain active both physically and mentally."

Money is still the number one reason people work during retirement.

But Kaplan is fortunate because he doesn't need to do it for the money, and he plans to stick with it, for now. "It kind of depends in part on whether my brain and my body continue to function as well as they are now."

He wants to stay until at least 2017, when the students he's working with graduate.
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