Those who don’t need the money are often the ones who want to keep working in retirement.
Sarah Toevs, director of the Center for Aging at Boise State University, calls the baby-boomer bulge “Humpty-Dumpty,” after the egg-shaped population bulge all those births caused. She sees Humpty as a retirement-planning problem of major proportions. For at least a millennium, the population has been distributed with a large base of young people at the
The unemployment rate for people older than 55 is 7.3 percent — relatively low compared to that of younger people, but a recent report from the Congressional Research Service said once older people have lost a job, it is hard for them to find another. About 50 percent of out-of-work people older than 55 have