Dive Summary:
- Based on a report from the Bureau of Labor Statistics, 82% of working adults 50 years of age or older are expecting to remain employed in order to support themselves financially.
- According to the research, 75% of workers will continue to remain employed to some degree because they believe their physical health will allow them.
- Many working adults within the surveyed demographic are planning to delay retirement due to finances and a desire to retain health benefits.
Dive Insight:
The statistics could be an indication that many older working adults are not ready to fully retire from the workforce. Workers age 55 and older will represent 25% of the workforce in the U.S. by 2020, the highest total amount in over 50 years.
