Retirement Expectations Changing


Survey Savvy
ore than three-quarters (77%) of American workers expect to keep doing some kind of work for pay after they retire, a new Pew Research study found—and most of them (60%) are more interested in keeping busy than in the pay. As for those already retired, they are less enamored of the workaday life; only 12% said they now have a paying job.The disparity highlights the fact that attitudes about retirement are in transition, the authors noted. The demographic of older Americans is changing as well: Retirees will comprise 21% of the population in 2050, up from 12% in 2000.

Source: Pew Research Center, “Working After Retirement: The Gap Between Expectations and Reality,” www.pewresearch.org .

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.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

News quiz: Taking an economic snapshot and looking to the future

Recent news included IRS actions that affect individuals and partnerships and a possibly influential move by a Big Four accounting firm.Take this short quiz to see how much you know about the news.