Tag: working longer
The brief’s key findings are: Individuals need to work longer for a secure retirement, but critics argue that more work by older people reduces jobs for the young. An exhaustive analysis, however, covering the 1977-2011 period found absolutely no evidence of such “crowding out.” This finding holds for both men and women, for groups wit…
The brief’s key findings are: Working longer is the key to financial security, but it does not mean working forever. Half of today’s households are ready to retire at age 65, but more than 85 percent would be prepared by age 70. Thus, five years of additional work would solve the problem for the bulk…
