Sentences with phrase «workers nearing retirement»

According to the Economic Policy Institute, 39 percent of workers nearing retirement age (56 to 61 years old) have no retirement account savings whatsoever.

People without kids, including new college graduates, and older workers nearing retirement, desire flexible work options, too.

But the programs are «not going to be for everyone,» she said, such as older workers nearing retirement age, a growing cohort in this country.

Not exact matches

Half of workers near traditional retirement age say they will wait until at least age 70 or won't retire at all, a survey finds.

Most people probably didn't know that Tony was a federal public service worker — a scientist at Environment Canada, nearing retirement — but they sure do now.

This is supposed to be the way to keep so - called hard - to - replace teachers, policemen, firemen, engineers and other public workers on their jobs as they near retirement.

Defined benefit plans offer very little to early - career workers, jump in value a bit when employees «vest» into the system and qualify for a minimum pension, and then increase steeply as employees near retirement.

Instead, pensions create a structure that highly incentivizes workers to leave once they pass the normal retirement age, and those nearing normal retirement to continue working («pulling» or

Instead, pensions create a structure that highly incentivizes workers to leave once they pass the normal retirement age, and those nearing normal retirement to continue working («pulling» or locking teachers into the classroom despite individual choice or burnout).

Since the young worker's net worth is likely made up mostly of human capital assets, the young worker can afford to take on much more risk with their financial assets than the older worker who is nearing retirement», said Malick.

According to the article, at least 238 firefighters, teachers and other career public workers who were near retirement age accused your company of providing bad advice that drained their retirement savings.

Risk - averse workers may invest much less than half their funds in stocks, especially as they near retirement.

Given the increasing number of older employees who are choosing to remain in the workplace and the (near) elimination of mandatory retirement, it is increasingly important for employers to ensure that they are engaging in appropriate performance management of older workers.

More than half of baby boomers nearing retirement have delayed doing so, making it harder to find space for new workers.»

With their retirement savings accounts recovering with 4 years of stock - market gains, many federal workers may decide to retire in the near future.

Workers select a fund closest to their retirement date and the portfolio changes automatically as they age — aggressive investing when they're young and more conservative as they near retirement.