Woes are universal, with aging workers in five nations anxious about their finances.
By Garry Kranz Comments 0 | Recommend 0
Working to Live: As millions of workers across the globe look forward to
retirement, their enthusiasm for the leisured life is being tempered by harsh
reality. In its annual retirement survey, the Hartford Financial Services Group
Inc. reveals that “many middle-aged and older adults have serious concerns about
their financial security in retirement” and are doing almost nothing to shore up
their finances. Hartford’s annual retirement survey polled 6,500 people in five
countries. Nearly nine of 10 Japanese workers worry about having enough money
for retirement, compared with 79 percent of U.S. employees, 66 percent of those
in the U.K., 69 percent in Germany and 65 percent in South Korea. As a result,
many people plan to “continue working in some capacity while retired,” including
one of every two workers in the U.S.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
Reproductions and distribution of the above article are strictly prohibited. To order reprints and/or request permission to use the article in full or partial format, please contact our Reprint Sales Manager at (732) 723-0569.
Comments
Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed
from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies
or any other policies governing this site. You are fully responsible for the content you post.
= Member Only
