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A Study Finds that the Majority of Hawaii's Older Workers Would Delay Their Retirement, if the Economy Doesn't Improve
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(61 seconds)
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(OPEN):
ABOUT TWO-THIRDS OF WORKING HAWAII-RESIDENTS WHO ARE AGE 50 OR OLDER
WOULD DELAY THEIR RETIREMENT--IF THE ECONOMY DOESN'T IMPROVE. OF
THOSE, 47-PERCENT WOULD DELAY THEIR RETIREMENT FOR AT LEAST FIVE
YEARS--OR EXPECT TO NEVER RETIRE. THAT'S ACCORDING TO A RECENT
STUDY FROM A-A-R-P. STATE-DIRECTOR,
BARBARA KIM STANTON, HAS MORE...
(STANTON):
"MORE THAN HALF OF THE WORKING RESIDENTS SURVEYED SAY THAT
MAINTAINING HEALTH-COVERAGE--AND PAYING INSURANCE-PREMIUMS AND
CO-PAYMENTS--WOULD BE MAJOR FACTORS IN THEIR DECISION TO WORK BEYOND THE
CUSTOMARY RETIREMENT-AGE. FINANCIAL-SECURITY IS ALSO WEIGHING ON
THEIR MINDS:
ABOUT A THIRD OF THE RESIDENTS WE SURVEYED SAY THAT
ECONOMIC-ISSUES--INCLUDING UNEMPLOYMENT, AND HAVING ENOUGH MONEY TO
RETIRE--ARE ALSO THEIR TOP CHALLENGES."
(CLOSE):
THE HAWAII-SURVEY WAS CONDUCTED IN JANUARY--AS PART OF A NATIONAL
A-A-R-P-INITIATIVE CALLED "VOICES OF 50-PLUS AMERICA: DREAMS AND
CHALLENGES". TO REVIEW THE SURVEY, VISIT
"A-A-R-P"-DOT-ORG-SLASH-"H-I".
