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Older Americans are Choosing Work Over Retirement

Allwork

Instead of retiring, an increasing number of American’s are working — either reentering the workforce or pressing onward with their professional careers. Additionally, they are working more hours, with 62% reported to be engaged in full-time work. This demographic shift is impacting the dynamics of the workforce.

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Only 37% of Americans Think They’ll Reach Their Retirement Savings Target

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million in savings to retire comfortably, according to Business Insider. The data stems from a survey published by Charles Schwab where only 37% of respondents believe it’s highly likely they’ll reach their retirement savings target. What’s going on: American workers estimate they’ll need $1.8

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Americans’ Outlook On Retirement Is Bleaker Than Ever

Allwork

What’s going on: Gallup published a report revealing that only 43% of nonretirees think they will have enough money to live comfortably in retirement. The survey shows that fewer Americans feel confident about their retirement prospects, and many are expressing concerns about their ability to save enough for retirement.

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Examining The Global Impact Of The Gig Economy Explosion

Allwork

In most of the regions analyzed by the report, more women were found to be participating in the online gig economy than they were in the general labor market. According to the World Bank’s report, this localization of the online gig economy is likely to help countries that are struggling with unemployment rates among younger demographics.

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Rethink Competition To Raise The Entire Game

Allwork

The focus should be on educating people about the benefits of coworking spaces, not just as places offering desks and wifi, but as environments where individuals can do their best work. We have so much work (and educating) to do. Recently the Las Vegas Aces won the 2023 WNBA Championship for the second year in a row.

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How Financial Wellness Programs Can Benefit Employees and Employers

Success

Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. And 85% of these HR leaders reported that financial wellness benefits are more important than even a year ago, the study found.

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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. As we reported last week, record numbers of Americans are working past 65. " Others will choose to work part-time in retirement to stay and engaged.