For many Americans, reaching 65 years of age does not equal putting up one’s feet and relaxing post retirement. Almost 20 percent of the US citizens aged 65 and over continue to work part time or full time. This is the highest rate from 1962. The last time this happened was during the end of the Great Recession. An increasing number of seniors were compelled to stay in work for a longer period of time to survive.
Financial compulsions
According to Jean Setzfand, Senior Vice-President, AARP, the reason to work at that age was purely financial. He said that […]
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