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Economic Uncertainty is Driving Baby Boomers Back to the Workforce

Allwork

sped-up their retirement plans due to layoffs, health concerns, and changing work attitudes — contributing to what was termed the “Great Retirement.” Rowe Price’s Retirement Saving & Spending Study, 20% of retirees continue to work full- or part-time, and 7% are actively job searching.

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Half of U.S. Full-Time Employees Plan to Defer Retirement Due to Financial Reasons

Small Business Labs

The study is based on a survey of 2,675 adult Americans with a full-time job at companies with at least two employees. It shows that 52% of the full-time employees surveyed said they plan to postpone their retirement due to their financial situation. These are the people who should be the best prepared to retire

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Younger Generations are Gravitating Toward Freelancing

Allwork

Generational shifts have always influenced the workforce, but recent data suggests that Gen Z and young Millennials are redefining the very essence of employment. According to a recent article published by ZDNet , a staggering 64% of Americans under the age of 35 are either already freelancing or have plans to do so in the future.

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U.K. Moves Toward Flexible Work, Yet Stigmas Remain

Allwork

According to a recent study published by Time Wise , which included surveys and focus groups of 4,001 full-time and part-time workers, nearly half of the respondents believe part-time work limits career progression. of women in employment were working part-time. of women in employment were working part-time.

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Consulteering - A New Approach to Retirement

Small Business Labs

Work a Little, Play a Little: A New Retirement Strategy from the New York Times covers the  growing trend towards people working part-time in retirement.   The article focuses on a retired educator who has put together a portfolio of activities to meet his goal of “balancing a life of leisure with a life of purpose.”.

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More Americans Plan to Delay Retirement

Small Business Labs

We've written so often for so long about Americans - and especially baby boomers - delaying retirement that I'm honestly getting tired of the topic. Key quote on their findings from an AP article on the study : Some 82 percent of workers 50 and older say it is at least somewhat likely they will work for pay in retirement.

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54% of Workers Want a Four-Day Work Week, But Execs Aren’t Convinced

Allwork

The survey polled over 19,000 workers and found that the strongest interest in a four-day week comes from millennial women (64%) and Gen Z women (63%). . But even those executives may have few regrets; the amount of money they make during the peak of their careers can pay for a long and very comfortable retirement.” .

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