Table content
## The Elder Generation Squeeze: Rising Prices Make People Reconsider the End of Working Life
### Main Conclusions:
* As 2025 gets closer, a lot of older people are getting close to the usual age to stop working, but only a small number are really quitting.
* Increasing costs of daily living are making older people think hard about their plans to stop working. Forget easy days – many are dealing with money problems.
* To close the space between money after stopping work and always growing costs, a rising amount of people who have stopped working are thinking about going back to work.
Toncoin (TON) Value Forecast for March 26th
As the big older generation gets closer to stopping work, they are strongly affected by growing costs. Houses, medical care – it all adds up, making many put off stopping work or even start working again.
About 60% of older people (born between 1946 and 1964) will be able to get full government payments by the end of the year. But, a recent study shows that only a small 10% have really stopped working completely.
Almost half of older people plan to keep working through 2025, and a big 35% are not sure about stopping work this year, saying the heavy weight of daily living costs.
The constant increase in prices for things people buy is affecting older Americans especially hard. In January 2025, the Consumer Price Index (CPI) for those 62 and older went up 3.1% from the year before, going faster than the overall CPI by a big amount.
Critics say that the government payments yearly Cost of Living Adjustment (COLA) is not keeping up with real inflation, reducing what people can buy. Hanging over everything is if the government payments will last in the long run, causing worries about possible payment cuts later on.
“As the aging group starts stopping work, many are finding they just don’t have enough saved to live well,” says Novo Constare, CEO of Indeed Flex.
In previous eras, individuals could depend on their retirement funds and economical existence, but currently, the baby boomer generation is confronting a monetary predicament where Government aid simply isn’t sufficient any longer.
To fill the disparity between post-employment earnings and the elevated expenditure of daily life, Indeed Flex discovered that approximately a fourth of those who have retired are contemplating reentering the labor pool, accepting temporary assignments to acquire some supplemental funds for trips, presents, or merely to remain interactive.
