News in Brief
Home
Complete archive of features and news articles, sample policies and procedures, assessments, and surveys.
Network and exchange ideas with other members in the forums or ask an expert in one of the hosted forums.
Access vendor directories, product case studies and showcases.
Read Best in Shows, view our conference calendar, read commentaries and take our news poll.
The Hot List
Blogs
Topic Channels
Comp, Benefits, Rewards
HR Management
Legal Insight
Recruiting and Staffing
Software and Technology
Training and Development
= Member Only
Workforce HR Jobs
Post Your Job
Post Your Resume



Subscribe Now
Workforce Magazine
Subscriber Help
























= Member Only


News in Brief: 48 Percent of U.S. Workers Target Age 67 for Retirement
  

48 Percent of U.S. Workers Target Age 67 for Retirement
The others plan to work longer, shows a survey of 1,515 part- and full-time workers by Sun Life Financial.
Recommend 0
October 9, 2008
48 Percent of U.S. Workers Target Age 67 for Retirement

Only 48 percent of American workers plan to retire at age 67, with others planning to work longer, according to a survey released by Sun Life Financial.

The data also showed that only 46 percent of those surveyed are “very confident” they will have enough money to take care of basic living expenses at 67, and 28 percent are “very confident” they will be able to take care of medical expenses.

Younger generations have little confidence that government benefit programs such as Social Security and Medicare will be available when they retire, as 63 percent of workers 30 to 39 years old don’t believe Social Security will be available. The same age group also noted the need for employer-sponsored health care benefits as a reason to work past 67.

The survey was conducted August 9-19 and covered 1,515 people who were working either part time or full time.

Filed by John D’Antona Jr. of Pensions & Investments, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.

Workforce Management’s online news feed is now available via Twitter.

 


News in Brief Archive



Subscribe to Workforce Management

If you enjoy the content on the Workforce Management Web site and want to see more, try 3 issues of our print edition risk-free. If you wish to continue, you will receive one full year for just $79. That's over 59% off the cover price. If you decide Workforce Management is not for you, just write "Cancel" on the invoice, return it and owe nothing. The 3 issues are yours to keep with no further obligation to us. Sign up below.

3 Free Issues

Name:
E-mail:
Company:
Address:
City:  State:
Zip/Postal Code:  Country:
  
Offer valid for new Workforce Management Subscribers only.
Canada subscribers - $129. All other Foreign - $199.



Sponsored Tools
Discover PCRecruiter HR Solutions
Versatile web-based HR solutions used by nearly 3000 organizations worldwide. Schedule a demo now!
Effectively Manage Your Employee Time
Software & hardware allow you to integrate time tracking & payroll. View a 5-min demonstration here.
Compensation Management Software - eCompensation
Establish pay-for-performance and allocate pay increases with ease. Get your Free Trial today!
Free Hiring & Retention Guide
Hire, train and retain great employees with Profiles' system. Learn more today.
Employee Wellness
Health programs improve performance and reduce cost. Create a wellness work culture.





Similar Documents

Related Topics









Copyright © 1995- Crain Communications Inc.
All Rights Reserved. Terms of Use Privacy Statement