A number of statistics have been released by various sources such as the U.S. Census Bureau, Social Security Administration and AARP... and the numbers are amazing. Take a look at this one: Beginning on January 1 of this year, every single day more than 10,000 baby boomers will celebrate their 65th birthday. And that will continue happening for the next 19 years.
It appears that with the challenges to the economy, some boomers will continue to remain in the workforce well past their traditional age of retirement but also because they don't like what retirement means to them: sitting in a recliner for they rest of their years. They want and will remain active as long as their bodies will permit them to.
And yet despite those statistics, 3 out of 4 Americans start claiming Social Security benefits the moment they reach age 62. Most are doing out of necessity... even though they get locked into receiving a lower benefit package. Perhaps they just want to get what coming to them before the Social Security Administration runs out of cash.
It appears that with the challenges to the economy, some boomers will continue to remain in the workforce well past their traditional age of retirement but also because they don't like what retirement means to them: sitting in a recliner for they rest of their years. They want and will remain active as long as their bodies will permit them to.
And yet despite those statistics, 3 out of 4 Americans start claiming Social Security benefits the moment they reach age 62. Most are doing out of necessity... even though they get locked into receiving a lower benefit package. Perhaps they just want to get what coming to them before the Social Security Administration runs out of cash.
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