“With so many Baby Boomers planning to work longer and retire later, they are taking steps to stay marketable,” says Catherine Collinson, president of the non-profit Transamerica Center for Retirement Studies, which commissioned the national survey of 4,143 full-time and part-time workers conducted this winter by Harris Poll.
Although many Baby Boomers want to shift from full time to part time as they transition to retirement, only 21% say their employers have programs that would accommodate them.
“Most Baby Boomers are envisioning a transition into retirement which involves reducing hours to afford them more time to enjoy life or involves encore careers that are more personally satisfying or less demanding,” she says. “The vast majority say their employers do not have policies in place to accommodate this type of transition, so it’s likely they’ll have to change employers or explore something entrepreneurial.”
Chosen excerpts by Job Market Monitor. Read the whole story at Boomers working to stay employed during golden years.
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