“With Americans living longer and the Great Recession walloping employees’ nest eggs, a new CareerBuilder study estimates half of U.S. workers at least 60 years old don’t think they’ll be able to retire until 70 at the earliest. And 1 in 5 doesn’t think retirement will ever be in reach.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Older people working longer crowd out jobs for young people getting started. We’ll see the ramifications of this trend for decades.

1 in 5 Older Americans Doesn’t Ever Expect to Retire

#goldencareagent