How Retirement Is Becoming a Thing of the Past
The percentage of people 65 years and older is expected to rise to 20% by 2050 from only 10% in 1950. These seniors are healthier, more educated, and more productive than ever before, and they are continuing to gain more active years, free of illness. As the baby boomers continue to enter into seniority, we will see more and more people in their old age function at high levels and remain connected through work and other areas. It is essential that the labor market does not make chronological age a meaningful factor and that it promotes long life. In just a few short years, projections show that 1 in 4 people punching time cards will be senior citizens. As we continue into this new age, we remain hopeful that society will embrace a more diverse and equitable culture.
See Linda Marsa, Retiring Retirement: A Growing Portion of the Elderly Look and Act Anything But., Nautilus, May 26, 2016.
Special thanks to Lewis Saret (Attorney, Washington, DC) for bringing this article to my attention.