The number of working Americans ages 65 and older is at the highest point in nearly half a century, the Los Angeles Times reports. While older adults still make up a relatively small share of the total U.S. workforce, nearly one in five adults over 65 are currently working or looking for work, and employment in this group has jumped 27 percent since 2007, recently surpassing 7 million.
In 2011, the number of Americans taking early Social Security benefits dropped to a 35-year low, according to a new report from the Urban Institute. For the second consecutive year, those taking benefits fell (to 27% of the number of eligible older adults). That's down from 31% in 2009, reestablishing a 12-year downward trend interrupted only by the recent recession.
The Takeaway: Boomers Adjust to New Retirement Realities; Salt Study Questions Wisdom Of Cutting Back
The percentage of boomers"”73 percent"”planning to postpone retirement longer than they thought has risen six percent since just this past spring. And new research shows that though cutting back on salt does lower blood pressure, it could increase other heart disease risk factors.
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