New Principal Financial data reveals 69% of US employers say staff are postponing retirement, with inflation cited as the primary driver amid rising AI optimism.
Nearly seven in ten US employers say their workers are putting off retirement because of economic uncertainty, according to new survey data that highlights the financial pressure still bearing down on American households more than a year after interest rates began their descent.
The Principal Financial Well-Being Index found that 69% of business owners and decision-makers at companies ranging from two to 10,000 employees report employees delaying retirement, with 71% of those employers pointing to rising costs of living and inflation as the primary cause.
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