How the fastest-growing group in the American work force is changing what it means to be “retired:”
“For many Americans, working well into one’s seventh decade is a scenario that has become — seemingly overnight — relatively commonplace. For millions of workers, retirement has been delayed for years; others say they may never retire. Thanks to the nation’s massive asset meltdown — sagging retirement accounts, plunging property values — an enormous swath of the population has had to redefine their life path. …. The number of working people over age 65 reached an all-time low in 2001, when just 13 percent held a job. Now that rate is rebounding, and fast; last summer, it hit 18 percent.”
For full article see: Working 9 to 5 — at 75 – SmartMoney.com.
- 6 Ways Spending Changes in Retirement (money.usnews.com)
- More Elderly Find They Can’t Afford Not to Work (hopeforunemployed.wordpress.com)