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About 1 in 5 Americans aged 65 and older were employed in 2023 — nearly double the share of those who were in the labor market 35 years ago, reports The Pew Research Center. Don’t miss
Census data indicates roughly 11% of people 65 and older in the US lived in poverty in 2023, down from about 25% in 1976. Still, many people are struggling, and the pressures are only likely to ...
The number of older workers on the job is creeping higher. Roughly 1 in 5 Americans ages 65 and older (19%) were employed in 2023, four times the number in the mid-1980s.
In 2018, 29% of Americans aged 65–72 remained active in the labor force, according to the Pew Research Center, as Americans generally expect to continue to work after turning 65. The baby boomers who chose to remain in the work force after the age of 65 tended to be university graduates, whites, and urban residents.
"In 2018, 8.5 percent of people, or 27.5 million, did not have health insurance at any point during the year. The uninsured rate and number of uninsured increased from 2017 (7.9 percent or 25.6 million). The percentage of people with health insurance coverage for all or part of 2018 was 91.5 percent, lower than the rate in 2017 (92.1 percent).
Those 65 and over have a median net worth of about $250,000 (shown), about a quarter of the group's average (not shown). [ 1 ] Pensions in the United States consist of the Social Security system, public employees retirement systems , as well as various private pension plans offered by employers, insurance companies, and unions.
Almost 20% of Americans 65 and older are employed, nearly double the share of those who were working 35 years ago. As the U.S. grapples with what the future of work will look like, this group of ...
Retiring before a person expects may explain why millions of Americans claim Social Security before they reach their "full retirement age," or the age at which they are entitled to their full ...