24.05.2017 07.20 CDT
Workers are choosing to stay in the workforce beyond normal retirement age. This is good news.
American workers are making progress on improving their retirement picture
An increasing number of workers are choosing to stay in the workforce – many on a part-time basis. In effect, these workers have created their own phased retirement program. This ongoing employment contributes to retirement income adequacy and can be viewed as a key part of solving the challenges posed by past errors (such as low savings and insufficient diversification).