When workers past retirement age can’t afford to retire — that’s one thing. When they can, and just don’t want to — that’s trickier.
Read more Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market
It used to be legal to force people to retire when they hit a certain age. The trend used to be earlier and earlier retirement. Now it’s later and later retirement. And younger workers say it’s impacting their career advancement and their ability to save for their own retirement.
At the same time, older workers are living longer, Social Security and Medicare funding are less secure than ever … and many people to keep working.
Read more Why does Switzerland have so many nuclear bunkers?
Age in the workplace is a tricky thing to talk about. But today on the show, we’re talking about it. On the latest , a law professor who says retirement should be mandatory at age 70. And an economist who says, actually … people should delay retirement even longer.
- More of Planet Money’s coverage of the lump of labor fallacy
- Samuel Moyn:
- Gerhard Casper and Saunders Mac Lane:
- Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life
- Our weekly long-form Planet Money newsletter
- Our weekly Indicator round-up newsletter
- TikTok
- YouTube
Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org.