Many of our parents and grandparents are hard workers, but how many are carrying on into their late 70s?

Answer: 8.9%, With workers age 75+ expected to have the greatest growth of any age bracket in the near future

Questions:

1. What are some reasons that people would still be working into their late 70s?
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 75, compared to the baby boomers?
4. What steps can you take now if you are not interested in working into your 70s? 

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

Behind the numbers (The Guardian and BLS data): 

Over the next decade, the number of workers ages 75 and older is expected to increase in the US by 96.5%, according to the Bureau of Labor Statistics, with their labor force participation rate projected to rise from 8.9% in 2020 to 11.7% by 2030, a rate that has steadily increased from 4.7% in 1996.

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Check out the NGPF Career Unit page for more ideas on projects, activities and other resources to prepare your students for the future.

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.

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