Inflation Is Keeping Older Workers on the Clock
Retirement levels are near historic lows, with an estimate of retirements sitting at 274,000—well below pre-pandemic norms. Many stay working for financial reasons, as 66% of workers 60+ who haven't retired say income needs are keeping them on the job. Inflation has impacted retirement plans for just under half of those aged 60+, the number one fear this cohort experiences.
The Retirement Cliff Is Coming, But Older Workers Are Ready to Help Businesses Land Safely
Older workers make up nearly double the share of the workforce they did 20 years ago, and many are willing to stay longer if employers offer a path to do so.
Retirement Realities
Many workers 60+ expect never to fully retire—and most say money is the reason.