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The Pew report uncovered that older workers are making more money than they did in 1987, with the median worker aged 65 or older earning $22 an hour, up from just $13 in 1987 and narrowing the ...
Social Security’s actuaries project the fund the program relies on to pay retirement benefits will be depleted in 2033. At that time, an estimated 79% of those benefits will still be payable.
At 62, she retired from a job paying almost $60,000 a year and opted to take Social Security early. She received $1,290 a month, about $400 a month less than if she had waited until 67.
The graying of the U.S. workforce is gaining momentum. A Pew Research survey found nearly a fifth of Americans age 65 and older were employed in 2023, nearly double the three decades prior ...
Obviously, a lack of financial stability is one reason many retirees are having a hard time, with the National Council on Aging reporting that around 80% of older adults either have money troubles ...
Older workers are sometimes perceived as "doddering but dear,” Christina Matz, associate professor at the Boston College School of Social Work, and director of the Center on Aging and Work told BBC.
In 2025, Social Security benefits will only rise by 2.5%. Cash-strapped older Americans worry about how they’ll survive if Social Security fails to keep up with the cost of living — 3 tips to ...
One-fifth of workers 65 and older were employed in the U.S. last year—and as people live longer, the workforce age gap is only widening. Older workers are integral for the strength of businesses .