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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. The post Older Americans are Choosing Work Over Retirement appeared first on Allwork.Space.

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Purpose and a Paycheck and the New Retirement

Small Business Labs

Purpose and a Paycheck is a new book from Chris Farrell, a leading expert on retirement and workforce issues facing people over the age of 50.    Lots of research, much of which is cited in the book, shows that staying engaged and active in retirement leads to greater levels of health and happiness. 

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2023 Sees Workforce Optimism Rise, Manufacturing Leading

Allwork

According to LinkedIn’s recent analysis, manufacturing stands out with a higher positive outlook. As older workers look to retire, a plethora of hiring and promotional opportunities are emerging in this space. The first eight months of 2023 saw a decline in U.S. professionals’ career confidence.

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Gen Z Will Rise as a New Powerhouse in 2024

Allwork

According to a recent analysis published by Glassdoor , this age shift brings new values and influence to the forefront of work-life preferences — including a heightened focus on community, transparency, and diversity. In the tech industry, a notable change is the expected decline in equity compensation.

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Worker Confidence Defies Slowing Wage Growth Trends

Allwork

employers offering key benefits like health insurance and retirement contributions. According to Morning Consult, this is particularly prevalent in relatively low-skill industries including food & beverage, leisure & hospitality, and retail.

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How To Support Older Workers Reentering The Workforce

Allwork

According to the World Health Organization (WHO), retirement-age and older adults are on track to outpace children under the age of five. . Simultaneously, analysis from Euromonitor International forecasts that the average income for those 65 and older will be 13% less than the global population.

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How to Choose the Best College Savings Account

Success

There are so many options or configurations that it’s easy to have analysis paralysis. Many people choose to supplement college savings using a Roth IRA because your child can use that money for non-education-related expenses and anything leftover can give them a headstart on their own retirement planning. Consider your timeline.