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The 60-plus set can’t afford to retire

03/04/2010 9:55 am 0 comments

More people say they just don’t have the money to retire these days.

Seventy-two percent of workers over the age of 60 who are putting off retirement are doing so because they can’t afford it, according to a survey by Careerbuilder.com, a career resources website.

The results from the survey indicate more pessimism than in 2008, when about 60% of retirement-aged workers blamed the economy for delaying retirement.

“People have taken a step back,” said Michael Erwin, a senior career advisor at Careerbuilder.com. “They are keeping an eye to the economy and making sure they feel secure before going ahead with their retirement plans.”

To read this article in its entirety visit CNN.

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