Originally Posted by
Ohio
Don't they have pensions?
Generally most workers who have a mandatory retirement age also have a DB pension. The vast majority of those are government employees though (mil, fire, LE, ATC).
Exception might executives, who are not protected by age discrimination laws, and often have to hang it up age 65-70. But you can argue that gets them pretty far downrange in their career anyway, and they are highly compensated.
You could also argue that 65 gets us pretty far down range, and many of us are highly compensated in the grand scheme.