The Dismal Retirement Picture For America’s Older Generation
by Tyler Durden
ZeroHedge.com
05/14/2016
The employment-to-population ratio for those 65 and over is at its highest level since the early 1960’s, creating a bottleneck for younger workers who are looking to move up from their current roles, and also those that are trying to gain entry level employment but can’t until the current occupiers of those seats can move up. The situation doesn’t appear to be on the verge of getting any better either, as 27% of Americans say they will “keep working as long as possible” according to a 2015 Federal Reserve study – and to make matters worse (for younger generations), 12% of Americans say they don’t plan to retire at all.
The Rest…HERE
