Tag: labor force participation
One way baby boomers adjust to longer lifespans and inadequate retirement savings is to continue working. There’s just one problem: it can be more difficult for some people in their 50s and 60s to get or hold on to a job. But things are improving. The job market is on a tear – 300,000 peo…
This could help extend the work lives of older Americans. Older people need to work longer in order to ensure a secure retirement. Social Security will not replace as much pre-retirement income in the future as it does today, and employer-sponsored pensions also involve considerably more uncertainty given the shift from defined benefit to 401(k)…
