Baby boomers are challenging traditional retirement norms by working longer. And the reason isn’t just financial

Baby boomers in their 60s who are reaching retirement age have some serious economic concerns that may be tethering them to their jobs. Persistent inflation and the rising cost of living can make even the most disciplined planners second-guess retirement. And then there’s the fact that the retirement savings landscape in the U.S. looks different depending on how you measure it. Must Read According to data from Empower (1), the median retirement account balance for those in their 60s is $544,439 — not ...