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Approaching 65: A Survey of Baby Boomers Turning 65 Years Old
assets.aarp.org/rgcenter/general/approaching-65.pdfFile Format: PDF/Adobe Acrobat
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this survey of boomers approaching 65 indicates that over half (54%) are already retired.
Fewer Workers Age 60 and Up Postponing Retirement, Finds New CareerBuilder Survey - CareerBuilder
Fewer Workers Age 60 and Up Postponing Retirement, Finds New CareerBuilder Survey
CHICAGO, January 26, 2011 – As the economy gradually recovers, some mature workers are feeling more comfortable about retiring now compared to last year at this time. According to a new survey from CareerBuilder,
65 percent of workers age 60 plus said they are putting off retirement because they canÂ’t afford to retire financially; down from 72 percent who said the same last year. The nationwide survey was conducted among more than 500 U.S. workers age 60 and up between November 15 and December 2, 2010.
More than one-in-four (28 percent) mature workers age 60 plus plan to retire within the next two years, while 27 percent are planning to retire in three to four years, and 18 percent in the next five to six years. Sixteen percent estimate it will be seven years or more before they can stop working, while one-in-ten workers (10 percent) donÂ’t think theyÂ’ll ever be able to retire.
PolitiFact Ohio | House Speaker John Boehner says 10,000 baby boomers retire every day
Boehner appeared Sept. 19, 2011, on Fox Business Network, where he described ObamaÂ’s call for higher taxes on millionaires as "class warfare," and advised the president to "tackle the spending problem."
"What weÂ’re seeing out of the presidentÂ’s so-called deficit reduction package is more of the same," Boehner told interviewer Gerri Willis. "ItÂ’s class warfare, not serious about dealing with the real drivers of our debt. And thatÂ’s major entitlement programs.
"We have 10,000 baby boomers retiring every day. ItÂ’s time for us to get serious about ensuring that these programs are going to be there for them."
ThatÂ’s a lot of retirees. PolitiFact Ohio was intrigued and took a look at the speakerÂ’s claim.
The claim is similar to one made by House Majority Leader Eric Cantor that our counterparts at PolitiFact Virginia examined. WeÂ’ll incorporate some of their findings here, too.
Baby boomers comprise a large demographic group of Americans who were born between Jan. 1, 1946 and Dec. 31, 1964. Their pending departure from the workforce is expected to significantly stress the retirement system.
According to the Social Security SystemÂ’s Annual Performance Plan for Fiscal Year 2012:
"Nearly 80 million baby boomers will file for retirement benefits over the next 20 years – an average of 10,000 per day." That bears out the statistic cited by Boehner.