Aging & Work Facts Database
This database provides you with easy-to-access facts and statistics related to aging & work. Here you will find:
- A sentence with a fact/statistic.
- The full citation so you can locate the source of the statistic (e.g., article, report, etc.).
- A short description of the study connected to the fact/statistic.
- And, in some cases, a figure representing the facts or statistics, such as a bar graph.
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Reasons for working
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- Two-thirds (69%) of the older workers responding to a recent Conference Board Survey who said that they plan to continue to work for at least five years reported that their fi... more
- “Workers 50-65 who plan to retire by age 65 (65%) were more likely than other respondents to identify the need for health benefits. In fact, the need for health benefits... more
- According to a 2007 Census Bureau report, among persons aged 55-64 who were not working in 2004, 32.4% reported chronic illness or disability as the reason for not working, wh... more
- According to a 2007 Census Bureau report, for nonworkers 45 years and older, health and retirement were the dominant reasons for not working. The proportion of nonworkers list... more
- In a 2008 telephone interview survey, the most frequent reason given for planning to work at age 67 is the need 'to stay mentally engaged.' The next most frequent reas... more
- According to a 2008 AARP survey of older workers, "between 80 and 87 percent of workers in each income group below $100,000 per year cite the need for money as a major reason... more
- According to a 2008 AARP survey of older workers, "need for money as a major factor in the decision to work declines with age, as workers ages 45 to 54 (84%) are significantly... more
- According to a 2008 AARP survey of older workers, "66 percent of those ages 45 to 54 mention the need for health insurance as a major reason for working, compared to only 59 p... more
- According to a 2008 AARP survey of older workers, "seven out of every ten workers cite enjoyment as a major factor explaining why they work. When asked to name the singl... more
- According to a 2008 AARP survey of older workers, "more than seven in ten (71%) 45- to 74-year-old workers have been in their current job (or have been self-employed) for more... more
- According to a 2008 AARP survey of older workers, "having a chance to use your skills and talents" was selected by more workers (91%) than any of the other 19 characteristics... more
- According to a 2008 AARP survey of older workers, "working to pay for health care costs for self or other family member" is identified as a major reason for working by 81% of... more
- According to a 2008 AARP survey of older workers, 76% of African Americans and 72% of Hispanics agreed with the statement 'the only reason I continue to work is because I... more
- According to a 2008 AARP survey of older workers, "Enjoy the job,enjoy working" was named as the major reason for working by 85% of Hispanics, 71% of African Americans, and 69... more
- In a 2008 AARP survey of older workers, enjoyment of working or enjoyment of the job was reported as a major reason for working by 69% of the male and 71% of female respondent... more
- “Respondents [in a 2005 AARP survey] were most likely to identify the need for money (61%) as a major reason. However, the desire to stay mentally active, the desire to st... more
- According to a 2005 AARP survey, “Workers ages 50-65 who plan to continue working after age 65 (76%) were significantly more likely than other respondents to identify the ne... more
- The Employee Benefits Research Institute has reported that 43 percent of workers who plan to work in retirement say they will do that in order to keep health insurance or othe... more
- Moen and her colleagues asked 'retired' individuals who worked for pay why they did so. They found that while the need 'to keep active' was the prima... more
- A 2002 AARP survey found that 91 percent of workers 45 years and older say that 'working helps keep people healthy and active.' (p.38)... more
- The Employee Benefit Research Institute reports that 21 percent of workers who expect to work during 'retirement' years anticipate making this decision so that they ca... more
- A majority of today’s older workers plan to work past the normative retirement age of 62-65, giving many different reasons for doing to. According to AARP, “…major facto... more
- A 2005 survey conducted by Harris Interactive found that 59 percent of older workers (over 55) agreed or strongly agreed that 'A good deal of my pride comes from my work a... more
- According to a 2006 survey, " women (43%) are more likely than men (30%) to work because they need the income to live on. And single (64%) and divorced (61%) employees are alm... more
- According to a 2006 study, "55-59 year-old employees are more likely to want access to financial planning resources; those between the ages of 60-65 are more interested in fle... more
- According to the "A Work-Filled Retirement" survey, "13% of American workers reported that they would be working either full time or part time for the needed income followin... more
- According to the "A Work-Filled Retirement" survey, "the youngest and oldest worker cohorts--those under 35 and those 55 and older--are more likely than middle-aged workers to... more
- According to the "Attitudes of individuals 50 and older toward phased retirement" survey conducted by the AARP, "...the desire to stay mentally active (72%) and the desire to... more
- "Forty-five-plus workers want to continue working and to have viable work options later in life; indeed, 84 percent say they would work even if they were financially set for l... more
- When asked why they expect to work in retirement, surveyed workers overwhelmingly cited non-financial reasons, such as the desire to stay mentally active (87%), the desir... more
- When asked to choose "one major factor in the decision to work in retirement," surveyed workers cited the need for money (22%), the need for health benefits (17%), and nonfina... more
- In a 2008 AARP survey of older adults, 75% of women and 78% of men considered "need the money" as a major reason for working. The need to maintain health insurance cover... more
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| For a print-ready file of all statistics for this topic, click here.
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140 Commonwealth Avenue - McGuinn, 6th Floor - Chestnut Hill, MA 02467
Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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