How Employment Extenders are changing the way we think about work, benefits and retirement

While 65 used to be the standard retirement age, there's an ever-growing percentage of folks who are working well into their later 60s, 70s, and even 80s. Voya Cares^® calls this group "employment extenders" and they are having an oversized impact on employment benefits and the nature of work itself.

There's a variety of factors at play. The Great Recession decimated retirement savings for many Americans. Few are set to receive pensions. Inflation remains stubbornly high, and having less than $500,000 in retirement savings is common.

In the first of this five-part podcast series, Voya Financial's Jessica Tuman, Vice President of Voya Cares and the organization's Environment, Social and Governance Centers of Excellence, and Amy Vaillancourt, Senior Vice President, Workplace Architecture at Voya Financial, discuss the results of the Voya Cares and Easterseals nationwide survey of employment extenders and explain how employers can help these workers with innovative benefits offerings.

Here's just some of what you'll learn:

• The motivations and attitudes of employment extenders
• The unique skills and experience employment extenders bring to the workforce
• The four types of employment extenders and what their needs are
• How employers can support employment extenders
• How employment extenders are changing how we view retirement

Click here to listen to other installments of this five-podcast series.

_{Amy Vaillancourt is a Registered Representative of Voya Financial Partners, LLC (member SIPC).}

_{This material is provided by Voya for general and educational purposes only; it is not intended to provide legal, tax, or investment advice. All investments are subject to risk. Please consult an independent tax, legal, or financial professional for specific advice about your individual situation.}