Wednesday, January 8, 2014
According to a recent survey of adults over the age of 50, improvements in health and inadequate savings are encouraging older Americans to work in retirement.
82% say it was at least “likely” they would work for pay during retirement. Almost 40% said they have $100,000 or less saved up for retirement and 25% had less than $10,000.
See Anne Tergesen, Most Boomers Expect to Work in Retirement, Market Watch, Dec. 31, 2013.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.