The downturn in the economy has forced many older workers to rethink their retirement plans. Many who put money away for their golden years saw those funds take quite a beating in recent weeks. And then there are people who didn’t have savings; they just can’t afford to retire.
A recent U.S. census survey found that older workers are participating more than ever before in the workforce. Right now one out of every eight workers is over 65. By 2030, it will be 1 in 5.
Economists say this is a good thing, because there aren’t enough people to replace retiring baby boomers. But, is this always a good thing for older workers?
"Here and Now" is an essential midday news magazine for those who want the latest news and expanded conversation on today’s hot-button topics: public affairs, foreign policy, science and technology, the arts and more.
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!