It sucks. No matter if you are in Corporate America or if you work in the service industry -- restaurants, janitors, auto repair, etc.
Can you imagine still having to be a janitor at 85?
I know a lot of people who retire a month or so after they turn 65. Can you imagine the day after you turn 65 and being told that the retirement age is now 86? Now you have to work for 20 more years!!!
And for the vast majority of people, working is their ONLY option of survival because they don't have alternate sources of retirement income.
My grandmother retired at 53 and then worked for a number of years as a church secretary to help out us kids in college.