Apr 23, 2024

Question of the Day: What percent of people age 65-74 are still working?

Many people hope to retire in their early 60s. But how many people are still working into their golden years?

Answer: 26.6% as of 2022 and projected to be 29.9% by 2032

Source: U.S. Bureau of Labor Statistics

Questions:

  1. Why do you think an increasing number of older people are still working at that age?
  2. How do you think the number of older people still in the workforce will impact you when you look for a job?
  3. Do you think your generation will be more likely to work past 65, compared to baby boomers?
  4. What factors may determine how long you work compared to today’s retirees?

 

Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.

 

Behind the numbers (Federal Reserve Bank of Minneapolis):

"Seniors aged 65 to 69, past the standard retirement age, are actually more likely to have a job than teenagers. A full 32 percent of these post-retirement-age seniors have jobs, up from less than one-quarter in 2000."

------------------

For more resources related to career planning, check out NGPF's Career unit.

--------------

To receive a Question of the Day in your email inbox, subscribe to the NGPF Blog.

About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.

author image More by Ryan right solid arrow
Mail Icon

Subscribe to the blog

Join the more than 12,000 teachers who get the NGPF daily blog delivered to their inbox:

SIGN UP