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OnlinePoker

(5,729 posts)
Wed Apr 24, 2019, 09:11 AM Apr 2019

America's Elderly Are Twice as Likely to Work Now Than in 1985

Just as single-income families began to vanish in the last century, many of America’s elderly are now forgoing retirement for the same reason: They don’t have enough money. Rickety social safety nets, inadequate retirement savings plans and sky high health-care costs are all conspiring to make the concept of leaving the workforce something to be more feared than desired.

For the first time in 57 years, the participation rate in the labor force of retirement-age workers has cracked the 20 percent mark, according to a new report from money manager United Income (PDF).

As of February, the ranks of people age 65 or older who are working or seeking paid work doubled from a low of 10 percent back in early 1985. The biggest spike in employment has gone to college-educated older workers; the share of all employees age 65 or older with at least an undergraduate degree is now 53 percent, up from 25 percent in 1985.

https://www.bloomberg.com/news/articles/2019-04-22/america-s-elderly-are-twice-as-likely-to-work-now-than-in-1985

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America's Elderly Are Twice as Likely to Work Now Than in 1985 (Original Post) OnlinePoker Apr 2019 OP
It started with Reagan orangecrush Apr 2019 #1
I always said that Reagan was the start of the downfall of us all. katmondoo Apr 2019 #3
I agree with you. orangecrush Apr 2019 #4
Whatever happened to pensions? Ohiogal Apr 2019 #2

katmondoo

(6,457 posts)
3. I always said that Reagan was the start of the downfall of us all.
Wed Apr 24, 2019, 10:10 AM
Apr 2019

My conservative relatives hate me for that. I am sneered at for being a Liberal. I left Facebook for that reason, I could never ignore them.

orangecrush

(19,665 posts)
4. I agree with you.
Wed Apr 24, 2019, 05:33 PM
Apr 2019

But I feel family should come before political differences.

That's just my take.

Give them time and patience, and don't make agreeing a condition imof reconcilliation.





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