Americans delaying retirement

CHICOPEE, Mass (WWLP)– Many Americans in their 60’s are delaying their retirement.  22News found once they do retire, many people continue to work.

Mary Rider put off retiring as a school librarian several years, and missed it very much once she did.

“The first 3 years were the worst for me, emotionally.  But I went back to my job and volunteered and I thought that took up some of the bad feelings I had,” Rider said.

A new Careerbuilder survey has found, like Rider, nearly 60 percent of workers over the age of 60 are delaying their retirement plans.

That same survey also found that the majority of those holding off on retirement are women.

While several ladies here at the Chicopee senior center told me retirement has been the best time of their lives, some were fearful of leaving a job that they loved for so many years.

Henrietta Winiarski, from Chicopee, said she enjoyed her career, but loved her next job even more.

“After about 3 months of retirement I went looking for a part-time job, and I was very fortunate to pick one up at a Greenhouse,” Winiarski said.

Nearly half of those surveyed said they also plan to look for post-retirement work.

But that is number is significantly lower than it was one year ago.

Financial stability was the one of the top reason both genders gave for retiring later.  Ten percent of those surveyed feared they may never be financially able to retire.

More than 60 percent said they plan to wait to retire so they can hang on to their health benefits.

Comments are closed.