24.05.2017 07.20 CDT
Workers are choosing to stay in the workforce beyond normal retirement age. This is good news.
Retirement Patterns: Are Workers Outsmarting the Experts?
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).