Contact Us

Sorry, College Grads, But Working ‘Till You’re Old and Grey Is the New Fad

Older Workers
Thinkstock

Medical advancements and healthier living mean many people have longer lifespans these days. That means lots of those older Americans are retiring later than in generations past. In fact, some analysts are calling 70 the new 70 in terms of retirement.

Working until later in life is fast becoming the norm, sometimes it’s by choice and sometimes it’s out of need. According to a new survey from AARP and the Society for Human Resource Management, workers in their 50s said they had no plans to wind down their careers, whereas earlier generations in that age group had already started considering phasing into retirement by cutting back to part-time or taking a “hobby job.”

Regardless, many industries — like energy and insurance — welcome the trend because it lets them keep their most experienced workers.

In addition, today’s workers in their 50s place the highest value on flex time, job sharing and formal phased retirement. And by age 70, the number of people working out of desire rather than need roughly doubles, and since they’ve often already saved enough for retirement, they place less value on perks like 401(k)s.

[Time]

More From MY94.7

Best of the Web

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://my947.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on My94.7: My Music, My Station quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on My94.7: My Music, My Station quickly by logging in with your Facebook account. It's just as secure, and no password to remember!