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