AGING WORKFORCE MAKE RETIREMENT FUZZIER
News by Editorial Team 11 Jul 2019
Concept of retirement has become fuzzier, HR Dive reports. The decline of traditional pension plans, the upswing of defined contribution plans, increase in life expectancy, retirement plans define a certain retirement age. Most employees are not financially prepared to live on a retirement income. 52 percent of U.S. employees plan to postpone their retirement due to finances, Metlife reports in its annual study.