It is practically a rite of passage that on your 40th birthday you will be bombarded by friends, family and other ostensible well-wishers with reminders that you are now, officially, “over the hill.” This clichéd expression, while an unwelcome reminder of impending mortality, also rings hollow these days.

Life expectancy is increasing and at a faster rate than ever. “What we think of as old has changed over time, and it will need to continue changing in the future as people live longer, healthier lives,” states Sergei Scherbov, coauthor of a study by the International Institute for Applied Systems Analysis and Stony Brook University on our shifting perceptions of who we consider to be “old” and “middle-aged.” This demographic change, combined with the realities of the modern economy, means that Americans are now working later in their lives than ever before, with many stretching their careers well into their 70s.

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