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Baby Boomers Reluctant to Retire

Concerns about money likely play a significant role in explaining why so many baby boomers see themselves working longer. Aside from financial considerations, boomers' notoriously hard-charging work ethic and drive to get ahead may make it difficult for them to envision downshifting into the slower pace of retired life. As the largest generation born in U.S. history, baby boomers' sheer numbers coupled with their reluctance to retire will likely ensure that their influence endures in the workplace in the coming years. Whether by choice or necessity, baby boomers will remain a sizable proportion of the workforce in the years ahead, with many expecting to work past the average U.S. retirement age of 61 and even the traditional retirement age of 65.

Learn more at: http://www.gallup.com/poll/166952/baby-boomers-reluctant-retire.aspx

 

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