Working in Your 80s: A Growing Trend in the US

The Rise of the Octogenarian Workforce

As former President Donald Trump turns 80, he joins a growing number of Americans who are working well beyond the typical retirement age. In fact, the percentage of those aged 65 and older in the workforce has quadrupled since the mid-1980s, with about 19% of this age group still holding jobs.

This trend is not limited to the US. According to Pew Research data, Trump is also one of the oldest world leaders.

Why are more people working late in life?

There are several reasons why more people are choosing to work into their 80s. Firstly, with improved access to healthcare, more Americans are living longer, healthy lives. This means that many octogenarians are physically and mentally capable of continuing their careers.

Secondly, financial necessity plays a role. The cost of living in the US is rising, and many retirees are considering part-time or temporary work to supplement their income. A survey by Indeed Flex reveals that almost 30% of retirees are in this situation, with over 60% citing the rising cost of living as a factor.

However, it’s not just about money. Many older workers value the social interaction and sense of purpose that their jobs provide. For some, like 93-year-old lawyer Harriet Newman Cohen, working has been a key factor in maintaining a youthful and energetic lifestyle.

The Benefits and Challenges of Working in Your 80s

Working in your 80s can bring a sense of purpose and fulfillment, as well as financial security. It can also provide a platform for older individuals to share their wealth of knowledge and experience.

However, it’s not without its challenges. Age-related health issues, such as cognitive decline and reduced stamina, can become liabilities. This was evident in the 2024 presidential race, where concerns about Biden’s cognitive abilities led to his decision to drop out of the race.

The issue of health is a critical consideration. Rest and stress management are essential for older workers, as the effects of stress can accelerate ageing at a cellular level. Sleep, in particular, is vital for initiating repair and recovery processes in the body.

A New Perspective on Age and Work

The rise of the octogenarian workforce challenges traditional notions of retirement age. As Gordon Lithgow, a professor at the Buck Institute for Research on Aging, suggests, it’s not about age but rather who is qualified for the job.

This shift in perspective is evident in the diverse range of roles held by older workers. From lawmakers and presidents to company executives and lawyers, octogenarians are contributing their expertise across various fields.

As the trend continues, it’s essential to recognize the value that older workers bring to the table. Their experience, wisdom, and unique perspectives can be invaluable assets in the workplace.