Working for the Love of It


SURVEY SAVVY

Hoping to retire in your 50s?

Good luck! Most of us will not be so fortunate.

MetLife’s “Living Longer, Working Longer” survey, published in April, found that six out of 10 adults between the ages of 60 and 65 were either working or looking for a job. And so were 37% of those aged 66 to 70.

Not surprisingly, money was the top reason most of those in their early 60s stayed in the workforce, cited by 60%. But the 65+ group, with Social Security checks likely easing their financial burden, were working more for the sheer joy of it. Fully 72% said they worked to “stay active and engaged,” while 47% cited “the opportunity to do meaningful work.”

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.