Survey Are You Delaying Retirement?

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By
Muhammed El-Hasan
on March 17, 2009 1:50 PM | | Comments (0) |

Six in 10 over the age of 60 say they are putting off retirement because of a drop in their savings, according to a survey by CareerBuilder

11% of workers over the age of 60 who are putting off retirement say that the decrease to their savings may now cause them to never retire, while 73% think it will take them up to 6 years of extra work to recoup their lost savings. 24% feels they can make their money back by working an additional year or two.

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This page contains a single entry by Muhammed El-Hasan published on March 17, 2009 1:50 PM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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