Warren Buffett, 95, is no longer the world's oldest CEO after stepping down as head of Berkshire Hathaway conglomerate, handing the reins to executive Greg Abel. However, his plans do not include retiring and resting. In his last letter to Berkshire investors, Buffett humorously acknowledged that his health was starting to decline, but he still goes to the office five days a week, driven by a passion for work that he advocated for and shared with other veteran figures. "I'm not going home to watch soap operas. My interests are still the same," the 'Oracle of Omaha' said in an interview with The Wall Street Journal in 2024, the year he announced a retirement that had been speculated about since he chose Abel as his successor in 2021. "I will be useful if there is a market panic because I am not afraid when things depreciate or the rest get scared. Thank you, Lady Luck," he wrote in his most recent letter, where he said he felt fine despite being "slower and reading with more difficulty," and warned: "I will become quieter." His retirement at 95 is not representative of the average in the United States, but it is not unusual to see workers over 65, according to data from the Bureau of Labor Statistics (BLS), which also projects an increase in their participation in the labor force. According to BLS estimates, 27% of Americans aged 65 to 74 participate in the labor force, and nearly 9% of those over 75, and in both cases, an increase of about two percentage points is expected in the next decade.
