May 23, 2022

Question of the Day: What percent of people age 65-74 are still working?

Many people hope to retire in their early 60s. But how many people are still working into their golden years?

 

Answer: 26.6% (at the time of 2020 census)

 

 

Questions:

  1. Why do you think an increasing number of older people are still working at that age?
  2. How do you think the number of older people still in the workforce will impact you when you look for a job?
  3. Do you think your generation will be more likely to work past 65, compared to the baby boomers?
  4. What factors may determine how long you work that compared to today’s retirees?

 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

 

Behind the numbers (U.S. Census Bureau):

 

"From 2010-2019, as the U.S. economy improved, the percentage of the population ages 65 and older grew nationally (from 13.1% to 16.5%) and in all 50 states and the District of Columbia. These increases affected both the national and state labor force characteristics. The labor force participation rates of people ages 65 to 74 and 75 years and older were lower than for the population ages 16 to 19 and 20 to 64 in 2010 and in 2019. Even so, older Americans were still more likely to be in the labor force in 2019 than in 2010."

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For more resources related to career planning, check out NGPF's Career unit.

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About the Author

Ryan Wood

Ryan grew up with and maintains a love for learning. He graduated from the University of Wisconsin-Green Bay with a degree in Business Administration and worked in sports marketing for a number of years. After living in Texas, Colorado, Tennessee, and Minnesota, the call of education eventually brought Ryan back to his home state of Wisconsin where he was a Business and Marketing teacher for three years. In his free time he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.

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