All of the following are true statements about retirement EXCEPT
A) employers face future labor shortages because older workers outnumber younger workers
B) most employees who plan to work after 65 must do so for financial reasons
C) most employees expect to continue working after normal retirement age
D) most employees who plan to work after 65 want a part-time position
E) many retirement age workers want to stay active through working
Answer: B) most employees who plan to work after 65 must do so for financial reasons
Explanation: With many employees in their 50s and 60s moving toward traditional retirement age, employers face a longer-term labor shortage. 78% of employees in one survey said they expect to continue working in some capacity after normal retirement age (64% said they want to do so part-time). Only about a third said they plan to continue work for financial reasons; about 43% said they just wanted to remain active.
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