Thursday, April 26, 2018

CareerBuilder Reports More than Half of Workers 60 and Over are Postponing Retirement

According to a survey conducted online by Harris Poll for CareerBuilder, 53% of workers aged 60 and older say they are postponing retirement, with 57% of men putting retirement on hold compared to 48% of women1; 40% of older workers don't think they'll be able to retire until 70 or older.

When asked whether they are putting retirement plans on hold because they are unsure of how much to save, 24% say that they do not know how much they will need to save for retirement. Women are much more likely to be unsure of how much to save than men--31% to 17% percent, respectively.

Source: CareerBuilder Press Release (April 26, 2018)

Wednesday, April 25, 2018

Japan: Workers over 65 Exceed 8 Million in 2017

As reported by Nippon.com, the 2017 Labor Force Survey conducted by the Ministry of Internal Affairs and Communications shows that the number of employed senior citizens (65 and older) in Japan now exceeds 8.07 million.

Furthermore, older workers increased by 370,000 compared to 2016, bringing the ratio of senior citizens in the overall workforce of 65.3 million to 12.3%, also a record high.

Source: "Senior-Citizen Workers in Japan Top 8 Million" Nippon.com(April 20, 2018)