Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Average real wages grew slowly for boomers during their youth (ages 22–34) -- when they hit their prime, their wages grew only 0.7 percent a year. (Photo: Shutterstock)

A new study finds that boomers forced to work longer because of low retirement savings will be laboring under a double handicap: staying in the workplace longer than they planned while working for jobs with wages lower than they should be because of the size of their birth cohort — e.g., the size of the boomer generation itself.


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.