According to Pew Research, over 50 percent of
older workers are now out of the workplace. That is up from 48
percent just prior to the pandemic.
Older workers continued to work through recessions dating back
to the 1990s. The pandemic-induced recession in 2020 saw that trend
reverse.
The 2008-2009 Great Recession saw personal wealth decline
markedly. The economy and capital markets decoupled during
2020-2021. Financial assets and real estate saw record gains,
allowing personal wealth to grow correspondingly. Older workers
took notice. And took action.
About the Podcast
Jim Freeman provides you with insight on finances and retirement lifestyles.