Anne Tergesen

speaker

4,485 appearances 83 recordings 1 series first heard Jul 2017 last heard Feb 2025

Anne Tergesen’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Why Many Americans Are Retiring at Age 62, and Not Later · 3 May 2024 podcast

It's not back at the peak that they experienced a couple years ago, but it's nonetheless rebounding. matched

So people are generally feeling pretty good about their prospects. matched

It'll be interesting to see the reality for people in that generation. matched

I think there's a strong argument that due to demographic changes in this country, we obviously have an aging population. matched

There's going to be a need, and there already is a need, for older workers to stick around longer in the workforce. matched

Employers are... matched

saying that they're experiencing labor shortages. matched

There's been declines in longevity trends in this country since COVID in particular, but also even in the years before for certain demographic groups. matched

But on the whole, the population is living longer. matched

People in younger generations, maybe do they want to work longer, but there may be more of a need for them to work longer, both from a societal level and also just because matched

It's already difficult for people today to finance a retirement that lasts for 30 years. matched

If people are going to be living longer, then that means that it's just going to become harder to finance a retirement that starts at age 60 or 62. matched

Right. matched

Yeah, that certainly is the case that optimists discuss. matched

So we'll see. matched

But it is an ongoing tension for people of ideally maybe they should work for a few more years for financial reasons, but then life gets in the way. matched

Maybe somebody gets sick and maybe their job doesn't exist anymore. matched

I think often times what happens with people, too, is when you're in your 50s, your priorities might be to go full steam ahead with a job. matched

But then as you get older, you start looking around and thinking, maybe I want to do something else with my time. matched

this survey points out that if pretty consistently people end up, again, we're talking population averages, individual situations can be very different. matched

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