it's time to build a better enterprise. together. so retirement is supposed to be a time when folks can relax and enjoy their golden years. with the projected 88.5 million americans turning 65 or older by the year 2050 and cities like detroit filing for bankruptcy protection and others facing short falls across the country, it's anyone's guess of just how golden retirement will remain. 10,000 each day for the next 20 years. that's the number of people that will reach age 65, the traditional retirement age. 61 is the current average retirement age in the u.s., which is up from 57 two decades ago and likely to keep climbing. 31, that is the percentage of retirees with pensions. $31,077 is the median yearly in come of retirees with pensions.