12/6/2015 – Older workers scale back hours for phased-in retirement (Associated Press)

Dec 06, 2015 Comments Off by

According to the Bureau of Labor Statistics, 17.7 percent of people 65 and older are still working in some capacity, compared with 11.7 percent in 1995. Of course, part of this increase could be due to a growing fear felt by many Americans about financial insecurity during retirement. Survey data has shown that fears about outliving one’s savings are factoring into retirement planning. That is even prompting 34 percent of workers age 60-plus to say they plan on working until they die, or are too sick to work, according to a recent Wells Fargo survey.

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Financial Landing 2015

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