The shift to remote work has significant implications for older employees considering retirement. Studies show that individuals who work a year beyond retirement age experience lower mortality rates and can increase their retirement income by delaying retirement. The pandemic has accelerated remote work adoption, changing retirement trends. Research indicates that remote work allows older employees, particularly those aged 55 and up, to extend their careers, leading to both health benefits and financial gains. Employers benefit as well, as retaining older talent can reduce hiring costs.
Remote work creates opportunities for older employees to extend their careers, leading to improved health outcomes and increased retirement income.
Working just a year beyond retirement age can significantly lower the risk of dying, highlighting the health benefits of continued employment.
Delaying retirement even by a year can boost retirement income by approximately 7.75%, creating financial incentives to remain in the workforce.
Remote work has transformed employment dynamics, especially for older workers, making it easier for them to continue working and delaying retirement.
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