Despite a slowly improving economy and a three-year-old stock market rebound, Americans today are more worried about their retirement finances than they were at the end of the Great Recession in 2009, according to a nationally representative survey of 2,508 adults conducted by the Pew Research Center. About four-in-ten adults (38%) say they are “not [...]
The American work force is graying — and not just because the American population itself is graying. Older adults are staying in the labor force longer, and younger adults are staying out of it longer.
In the midst of a recession that has taken a heavy toll on many nest eggs, just over half of all working adults ages 50 to 64 say they may delay their retirement — and another 16% say they never expect to stop working.
More than three quarters of today’s workers expect to work for pay even after they retire. Of those who feel this way, most say it’s because they’ll want to, not because they’ll have to.
As the oldest of the nation’s 75 million baby boomers approach the age of 60, many are looking ahead to their own retirement while balancing a full plate of family responsibilities.