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Working longer may not be the solution to the retirement crisis
For seniors who want to improve their retirement prospects, working longer may not be a good idea, a Forbes contributor writes. “[T]he advice to work longer is not a real solution in the presence of widespread age discrimination, unpredictable life shocks and involuntary retirement — getting laid off or pushed out of a job before one is ready to retirement,” she writes. “One statistic is enough to cast serious doubt on the work-longer thesis: around half of older workers are essentially forced into retirement.”
