graying of workforce News

Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and retirees. The ratio compares the number of people over age 65 – classified as “old” – with those aged 15 to …

The “Great Recession” of 2008‒2009 took a toll on the retirement expectations of many Americans. According to new research from the Employee Benefit Research Institute (EBRI), there has been a nearly 23-percentage-point drop in workers retiring early or close to …