Golden Years? More Like 'Work Horse' Years, Survey Says

The lifestyle that's long been associated with the golden years -- hobby-filled days, long vacations, adventures with the grandkids -- could be changing, a new survey has found.

A growing number of Americans now expect to keep working into their 70s, according to The First Command Financial Behaviors Index, which reviews trends shaping financial behaviors, attitudes and intentions via a monthly survey of about 1,000 U.S. consumers.

Recent survey findings revealed that 22% of middle-income people ages 25 to 70 don't plan to retire until their 70s -- notably beyond the traditional retirement age -- up from 14% who claimed the same a year ago. The survey polled consumers with an annual household income of at least $50,000.

And when this group does retire, they'll be inclined to work part time, with half expecting to work 16 to 25 hours per week, the survey revealed.