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Back when JFK was just a senator, Betty Varner, now a 76-year-old grandmother, started her job as a program analyst for the U. S. Army Corps of Engineers, in San Francisco. Today, with 43 years under her belt, she has no immediate plans to put down her finely sharpened pencil. "I've been a widow for 26 years, so I guess I kind of got wrapped up in my job," she says. "My health has been good, so I haven't seen a reason to leave."
Roughly 4.3 million people age 65 or older are in the work force. That's about 48 percent more than in 1985, according to the U.S. Bureau of Labor Statistics. And as the senior population swells, the number is bound to grow. What's more, ...