Americans Working Part-Time After Age 65

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riggandre of CO @ Nov 24, 2009 20:24:18 PM

Incorrect information

The first line in your article contradicts the rest of the article. It starts by saying "About 15.5 percent of Americans age 65 and older were still working in 2008...", but then continues by saying 62% of Americans 65 and older are still participating in the work force, at least part time. The correct statistic that you were referring to is that approximately 15.5% of the American workforce is comprised of persons age 65 and older according to the US Census Bureau "Labor Force Participation Rate of People 65 Years and Older: 2008 American Community Survey" published 9/22/2009.
The other sad part to this statistic is it does not take into account the large percentage of persons age 65 and over who are financially dependent on other sources, such as relatives. When it comes down only around 5% of people at age 65 are truly financially independent.

Jesse Mayor of WA @ Oct 24, 2009 17:32:55 PM

Ken Mattison

I have federal civil service and military retirements, and a social security benefit. These three incomes provide a good retirement for my wife and I with about $1,500 a month in descretionary income after all the bills are paid.
But, I still like working 40 to 60 hours a month. Although I spend a lot of time as president of my condominium association, I have plenty of time to do some interior residential painting. I like the exercise and the "mad" money.

Kenton Mattison of OH @ Oct 06, 2009 21:01:40 PM

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Americans Working Part-Time After Age 65

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Incorrect information

Ken Mattison

Planning to Retire

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Americans Working Part-Time After Age 65

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Incorrect information

Ken Mattison

Planning to Retire

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