Tag: working longer

Happy senior tourists with cameras pointing to a cityscape

Are older workers more confident in their finances or more realistic about their prospects? The New York Fed’s research department just reported a major shift in retirement expectations.  Workers in 2024 are less likely to plan to work full time in their 60s than workers before the pandemic, according to responses to the Survey of…

New Green Sprout Plant Growth in Cracked Concrete and Shading a Big Tree Shadow on the Concrete

With the projected depletion of the Social Security trust fund assets in the 2030s, policymakers are looking for ways to bridge the gap.  One of the major proposals is to increase the retirement age.  Certainly, with average life expectancy increasing, longer careers could be one way to ensure an adequate retirement with less reliance on…