Study: 66 Percent of Baby Boomers Plan to Work During Retirement (Or Are Already)

Chris Gaetano
Published Date:
Aug 26, 2016
Working Retirement

Retirement isn't what it used to be, as a recent survey of baby boomers has found that 66 percent of them plan to work during their retirement years, or are already, according to Fox Business News.

While the number of boomers in particular planning to never retire is high, it's in line with the overall majority: 54 percent of workers overall say that they will be working in their August years. 38 percent of those workers plan to work part time when they get older, while 13 percent said they will keep working full time. As for why? Money, of course. 30 percent of workers overall say they haven't saved enough to retire (including 34 percent of boomers). By contrast, only 17 percent of workers (and 15 percent of boomers) say they're not going to retire because they genuinely enjoy what they do. The data came from a survey of more than 4,000 adults who worked at a company with 10 or more people.

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