Working overtime, or forever?
Working overtime, or forever?
The number of people age 65-plus working full- or part-time has risen from just under 11 percent in 1985 to nearly 19 percent in 2015.
According to findings from the Transamerica Center for Retirement Studies' 2016 survey of workers, two-thirds of baby boomer workers plan to work past age 65, including some who don't plan to retire at all.
something as highly anticipated as retirement will surely be on your mind for a while before and after you approach this landmark - it's okay if things don't go as planned when it comes to something as big as retirement, sometimes it's best to go with the flow.
If you expect the following, then you're well prepared.
- More time with family.
- To take your health seriously.
- To explore a new hobby.
If you ever thought reaching 65 is dead, then you are dead yourself.
Once upon a time, reaching age 65 meant you were done, and it's time to say adios to the office, but things have changed. In fact, everything around us has changed.
A large chunk of would-be retirees is continuing to work past their anticipated retirement date for quite a several reasons. [Retirement include facing a higher cost of living]
We often form expectations for our retirement based on the experience of our parents or older relatives and friends. As a result, it's important to keep abreast of trends that might affect retirement for the next few decades.
In the coming years, any number of changes could affect the type of retirement you experience. So it would be wise to keep track of these and other related trends and developments -- and plan for possible changes.
The key is to be ready for retirement no matter what it looks like.
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