retirees in the workforce

  • Hello to all my Frugal Friends!

    According to data from the U.S. Bureau of Labor Statistics nearly 19% of people 65 or older are still in the work force. The percentage has been rising since the 1980s and has been very much on the increase since 2000. And the last time the ratio was that high was back in 1965!

     

    We can probably guess the reasons why. With all the medical advances 65 today isn't nearly as old as it was 50 years ago. After all isn't 50 the new 40? And many 65 or 70 year olds can't afford to retire. They didn't save enough or are still paying their kids student loans or raising their grandchildren.

     

    So they stay in the workforce. Here at TDS we're working on finding more information that could be helpful to baby boomers who plan on working at least part-time for awhile.

     

    So if you have an idea for an article or have a success story to share send us an email.

     


    Keep on Stretching those Dollars!
    Gary


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