New survey results indicate more men than women intend to keep working
More than half of U.S. employees age 60 and older say they are postponing retirement, according to a new survey — which could have a significant impact on succession planning, recruiting and other workforce elements.
In regard to gender, 57 percent of men and 48 percent of women say they plan to hold off on retirement past the expected age. Four in 10 workers don’t think they’ll be able to retire until they are 70 or older.
Uncertainty in the current economy may be a key factor in their decision. Approximately a quarter (24 percent) of workers say they don’t know how much to save for retirement.
Women are much more likely to be unsure of how much to save for retirement than men — 31 to 17 percent, respectively.
For more on U.S. workers potentially delaying retirement, view these survey results from CareerBuilder.