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What percent of people over 65 are retired?

As of early 2025, approximately 80% of Americans aged 65 and older are retired, a figure derived from recent labor force participation data. While the traditional idea of retirement at 65 has persisted, the percentage of people over 65 who are retired is actually a dynamic figure, influenced by economic conditions, personal health, and longer life expectancies. A growing number of older adults are choosing to remain in the workforce part-time or full-time, shifting the demographic landscape of retirement.