The Wall Street Journal (WSJ) reports that in 1992, one in 12 women worked past age 65. That number is now around one in seven. By 2024, it will grow to almost one in five, or about 6.3 million workers, according to Labor Department projections.
“It’s really one of the most stunning developments that we’ve seen in the labor market over the last 50 years,” said Richard Johnson, director of the Urban Institute’s program on retirement policy.
While many Americans continue working late in life because they find their jobs rewarding, others, … , find themselves approaching old age with more debt, less savings and with fewer of them receiving pensions than workers of previous generations.
The field services industry can offer some great opportunities for seniors. Call Richard Law at 321-543-2809 (east coast) to chat about field services.
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