Americans are willing to postpone retirement—and even work during it, but they don’t want to spend less after they have retired, according to a survey conducted by Charles Schwab & Co that was released today.

“Americans are willing to save more and work later, in the hope of maintaining their spending and lifestyle in retirement,” says Stacy Hammond, the director of Schwab’s Real Life Retirement Services.

According to the fourth Real Life Retirement quarterly pulse survey, which was conducted from Oct. 28 to Nov. 2, 40% of respondents plan to postpone retirement. When Schwab conducted a similar survey in July, 61% of respondents ages 45 to 64, and 28% of respondents born after 1975 said that they planned to postpone retirement.

Schwab said that 47% of respondents that are over age 65 plan to work during retirement, but 95% of all respondents said that they are not willing to spend less in retirement.

In addition, younger investors are saving more. Forty-eight percent of respondents under 35 and 53% of respondents from 36 to 44 have increased their retirement contributions in the past year.