Tag: working longer
With the projected depletion of the Social Security trust fund assets in the 2030s, policymakers are looking for ways to bridge the gap. One of the major proposals is to increase the retirement age. Certainly, with average life expectancy increasing, longer careers could be one way to ensure an adequate retirement with less reliance on…
Larry Fink, in his annual letter to Blackrock investors, once again raised the question about the appropriate retirement age. Certainly, with life expectancy and health improving – at least for a portion of the population – longer careers could be one way to ensure an adequate retirement. But workers are just one side of t…