Many Baby Boomers Look to 'Redefine' Retirement: Stay in Workforce in Some Capacity | SupplyChainBrain

Many Baby Boomers Look to 'Redefine' Retirement: Stay in Workforce in Some Capacity

Business Strategy 11

According to a study conducted by the Insured Retirement Institute (IRI), a nonprofit trade group selling retirement-related investment products, Baby Boomers have other plans:

"¢ 21% of working boomers have postponed their retirement.

"¢ In 2013, 18% of boomers said they were planning to retire at age 70 or later, up from 11% in 2011.

"¢ In 2013, 6% of boomers said they plan to retire in their 50s, down from 9% in 2011.

Many boomers are looking to find their place in today's material handling job market. What they're hoping for is a position that would fit their years of experience but suit their new set of needs. They're redefining retirement and want to continue working and contributing but on their own terms.

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Keywords: supply chain jobs, material handling industry, material handling jobs, Baby boomers delaying retirement, redefining retirement, supply chain management

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