Retirement Can Wait, Say Older Workers

The most common reason workers over age 60 are putting off retirement? Because they cannot afford to stop working (72%), according to CareerBuilder. Women (76%) are more likely than men (68%) to delay retirement for financial reasons.

Other reasons this group is postponing retirement include:

They enjoy their job and work environment and don’t want to leave (71%);

They need the health insurance and additional benefits provided by their employers (50%);

They fear being bored in retirement (24%); and

They enjoy feeling needed at work (15%). [Workforce/Employment, Mature Market]

Source: “Retirement Survey,” CareerBuilder.com, Richard Castellini, VP Consumer Marketing, 8420 W. Bryn Mawr Ave., #1000, Chicago, IL 60631; richard.castellini@careerbuilder.com; www.careerbuilder.com. Price: Available online at no charge.

© Copyright 2011, EPM Communications, Inc. May not be reproduced without written consent of publisher.

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