NEW YORK ( CNBC) --For many Baby Boomers who are closing in on retirement without enough money in the till, working longer is the only lever they can pull. "68 is definitely the new 65!," exclaims Stacy Francis, a certified financial planner in New York City. "Delaying retirement leaves a worker with fewer years of retirement to finance, more time to save and earn returns, and higher Social Security benefits if they delay taking them." A survey by human resources consulting firm Towers Watson earlier this year found about 39 percent of workers plan to delay retirement -- and the majority of those delaying retirement expect to work another three years. The findings mirror the advice of the financial experts in a CNBC recent roundtable discussion on " The New Retirement."
By Sharon Epperson, CNBC Personal Finance Correspondent
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