We've blogged quite a bit about stories and research showing a significant number of aging Boomers are expected to delay retirement.
Today I read another report confirming this fact.
Researchers at the University of Michigan collected data from 4,412 older Americans in April and May of 2009. Those over the age of 51 were quizzed about career plans.
"We asked the same older workers what the chances were that they would still be working full time after age 65, and they went up from 47 percent to 57 percent between 2008 and 2009---a very rapid change after a long period of stability," said Michigan economist David Weir, director of the Health and Retirement Study. The chances of working past 62 went up from 60 percent to 65 percent.”
The focus of the research was on how older American's are weathering the financial crisis of the last year but regardless of their reasons, we are seeing more evidence of Boomers planning to remain in the workforce.
Go here to read about the research report, "Older Americans: How they are faring in the recession".
Today I read another report confirming this fact.
Researchers at the University of Michigan collected data from 4,412 older Americans in April and May of 2009. Those over the age of 51 were quizzed about career plans.
"We asked the same older workers what the chances were that they would still be working full time after age 65, and they went up from 47 percent to 57 percent between 2008 and 2009---a very rapid change after a long period of stability," said Michigan economist David Weir, director of the Health and Retirement Study. The chances of working past 62 went up from 60 percent to 65 percent.”
The focus of the research was on how older American's are weathering the financial crisis of the last year but regardless of their reasons, we are seeing more evidence of Boomers planning to remain in the workforce.
Go here to read about the research report, "Older Americans: How they are faring in the recession".
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