Retirement Crisis: Older Americans Struggle To Afford Life After Work
Rethink that retirement party. More and more, seasoned workers are defying expectations and staying put in the workforce for a compelling reason—they simply can’t afford to retire. For help managing your own retirement planning, consider matching for free with a vetted financial advisor. The Big ProblemThe Korn Ferry study isn’t the only data showing a problem. Payroll services company Paychex found that about one out of every six current retirees (about 17%) were considering going back to work, with more than half of them reporting that they needed more money. The increase in older workers st...