Americans Are Retiring At An Older Age Than Before

Credit: Wochit
Published on April 28, 2019 - Duration: 00:32s

Americans Are Retiring At An Older Age Than Before

According to Business Insider, not all baby boomers are retiring at the age of 60.

The Census Bureau and Bureau of Labor Statistics analyzed Americans over the age of 65.

The report said about 20 percent, a total of 10.6 million people, are either working or looking for work.

People can begin claiming their Social Security benefits at the age of 62.

Yet if they delay their claims they can increase their monthly payout by up to eight percent per year.

Advertisement

You are here

Recent related videos from verified sources

Experiential summit teachers community members about Dementia
Credit: WKBT - Published 7 hours ago 

The Surprising Group Of Americans Who Have As Much Student Debt As 30-Year-Olds 00:42
Credit: Wochit News - Published on September 21, 2019 

You might like