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CareerBuilder: 60% plan to work in retirement

February 27 2013

Sixty percent of workers over the age of 60 will look for a new job after retiring from their current company, up from 57 percent last year, according to a study from CareerBuilder. 

“We're seeing more than three quarters of mature workers putting off retirement, largely due to financial concerns, but also as a personal decision made by people who enjoy their work,” said Brent Rasmussen, president of CareerBuilder North America. 

When asked how soon they think they can retire from their current job, more than 12 percent said they don't think they'll ever be able to retire. Other responses included:

  • 1-2 years: 27 percent
  • 3-4 years: 20 percent
  • 5-6 years: 27 percent
  • 7-8 years: 6 percent
  • 9-10 years: 5 percent
  • More than 10 years: 4 percent

Additionally, employers are looking to hire more seasoned staff. The survey found 48 percent of employers plan to hire workers age 50 and over this year and 44 percent said they hired workers age 50 and over in 2012.

The survey was conducted online by Harris Interactive on behalf of CareerBuilder among 680 U.S. workers age 60 and older and more than 2,600 hiring managers and human resources professionals. The survey was conducted in the month of November.

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