Older Workers Are Growing in Number and Earning Higher Wages
Roughly one-in-five Americans ages 65 and older were employed in 2023 – nearly double the share of those who were working 35 years ago.
Numbers, Facts and Trends Shaping Your World
Roughly one-in-five Americans ages 65 and older were employed in 2023 – nearly double the share of those who were working 35 years ago.
A majority of U.S. households have some level of investment in the stock market, mostly in the form of retirement accounts such as 401(k)s.
America is turning gray, with the share of people ages 65 and older expected to rise more than 50% by 2050 – a trend that may burden more families. But Germany and Italy are already there, with a fifth of their population in that age range.
During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau […]
In the midst of a recession that has taken a heavy toll on many nest eggs, just over half of all working adults ages 50 to 64 say they may delay their retirement — and another 16% say they never expect to stop working.
More than three quarters of today’s workers expect to work for pay even after they retire. Of those who feel this way, most say it’s because they’ll want to, not because they’ll have to.
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