College professors are now among the oldest Americans in the workforce. Job satisfaction, job protection due to tenure, and concern about their retirement nest eggs are all reasons they cite for sticking around longer.

At what age do university professors retire?

Most academics do still retire by 65 and definitely before 70, leaving a modest number of professors (just one percent of the faculty workforce in Canada) staying on into their 70s – often those who have been the most productive throughout their careers.

Do professors have good retirement?

Pay is usually high, benefits are good, and if they have tenure, then professors have excellent job security. ... Despite these benefits, professors still rely on employer-provided retirement plans to provide financial security in their golden years.