Nearly one quarter of retirement age adults are still working

Reported 11 months ago

A LendingTree analysis of U.S. Census Bureau data revealed that 22% of adults aged 65 and older are still working, with a significant number opting for self-employment to delay retirement. While the national percentage of older workers has slightly decreased in recent years, states like New Jersey have seen a surge in older adults continuing to work, especially in self-employment. Financial factors such as inflation and higher living costs are likely driving this trend, with concerns about retirement savings and income needs in later years.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis