Inflation and other financial challenges are keeping employees tethered to their careers for longer than planned, with many giving up on the hope of ever leaving the workforce.
According to a new survey by MFS Investment Management, 63% of employees anticipate retirement involving reduced hours or a different job, instead of a clean break from their careers. Sixty-six percent have pushed back the age they hope to leave the workforce, while more than a third don’t think retirement will be possible for them at all.
