AITheStreetabout 3 hours ago
The Economic Value of Americans Working One More Year
10 min read
Delaying retirement by about one year per cohort could add roughly $1 trillion to the economy, or 2 to 3 percent of GDP. The research from USC Schaeffer Institute's Dana Goldman argues that gradually delaying retirement can prevent big benefit cuts and improve fiscal solvency. Many older workers also experience better physical and mental health from continued work.
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