The aging population has reshaped the labor force, with about one in four employees being aged 65 or older. This demographic, the fastest-growing group of workers in the country, is set to trigger the largest wave of retirements in U.S. history, posing significant challenges for employers and the economy.
However, many retirement-age employees continue working due to financial necessity, having seen their retirement savings dwindle or needing to support their adult children.
