About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds.
About 1 in 4 have no retirement savings, according to research released Wednesday by the organization that shows how a graying America is worrying more and more about how to make ends meet even as economists and policymakers say the U.S. economy has all but achieved a soft landing after two years of record inflation.
Everyday expenses and housing costs, including rent and mortgage payments, are the biggest reasons why people are unable to save for retirement.
I’m in MI and I’m pretty sure half the staff of any hardware store are retired Big 3 engineers. I’ve talked with them before, and most of them are more than comfortable financially, but just like having a routine, getting out of the house, and the employee discounts.
A part time job after retirement basically keeps people alive. Just sitting on a couch all day watching TV kills you pretty fast.
Incredible. You can bet your ass I won’t work another day after I retire. I’m limping along to get to the finish line even though I still have a few years to go.
A job is far more enjoyable when you know you don’t need it and have to put up with absolutely zero shit since you can leave at any time.