American Postponing Retirement, Have Saved Little and Are Experiencing Workplace Age Bias
Wow. All good news! Yikes.
Associated Press – NORC Center for Public Affairs Research released the results of a new survey exploring the views of older Americans
about their plans for work and retirement.
attitudes toward work, aging, and retirement,” said Trevor Tompson, director of
the AP-NORC Center in a release. “Retirement is not only coming later in life,
it no longer represents a complete exit from the workforce. The data in this
survey reveal strikingly different views of retirement among older workers
today than those held by the prior generation.”
Associated Press-NORC Center for Public Affairs Research conducted a national
survey of 1,024 adults ages 50 and over.
planning. The average age of those who report retiring before the recession was
57 while the average for those who retired afterward is 62.
82 percent of Americans age 50 and older who are working but not yet retired
saying it is likely or very likely that they will do some work for pay during
their retirement.
• Of those who are currently working, 47 percent now plan to retire at a later
age than they expected when they were 40. Financial need, health and the need for
benefits were cited as the most important factors in the retirement decision.
ensuring the long term health of Social Security. Sixty-one percent of them favor raising the cap on income
subject
Social Security benefits for those with higher incomes. In contrast, 29 percent
favor gradually raising the minimum Social Security age and 21 percent favor
changing the way benefits are calculated so that cost of living increases are
smaller.
having $100,000 or less saved for retirement, not including pensions or homes;
and 24 percent have less than $10,000.
did not have a choice in the matter. That figure increases to 54 percent for
retirees under age 65.
• Fully 20 percent of working Americans age 50 and older report that they have
personally experienced prejudice or discrimination because of their age in the
job market or at work since turning 50. Forty four percent of those who
experienced discrimination have looked for a job in the past five years
compared with 16 percent who did not report discrimination.
• The nature of a person’s work shapes their view of whether age is an asset or
a liability. For example, 28 percent of people who work or worked in
professional services see age as an asset while only 3 percent in manufacturing
hold that view.
younger than them. Those with
bosses older than them are less likely to report they have cut back on their
hours than people with younger bosses (9 percent vs. 23 percent). Those with
older bosses are more likely to consider age an asset to their career.
Source: http://anthonyssong.blogspot.com/2013/11/american-postponing-retirement-have.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).