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Follow on Google News | Retirement is just a dream for many in the workplace, says AMACSix workers out of ten believe they’ll never see a Social Security check
By: Association of Mature American Citizens “It’s been a depressing, a tedious and worrisome so-called recovery over the past five years and we’re still not out of the woods. Individuals who once had good paying jobs are hard pressed to find employment that allows them to make ends meet, let alone put some money aside for the future. America lost nearly 9 million jobs during the Great Recession that lasted from 2007 to 2009. Statistically the country has regained the bulk of those jobs. But, for the most part, those who have gone back to work are making less money,” according to Dan Weber, president of the Association of Mature American Citizens. Catherine Collinson, president of the Transamerica Center for Retirement Studies, which issued its annual retirement survey this week, pointed out that more than a third of the country’s workers expect they’ll have to continue working well past their hoped-for retirement age. “The long-held view that retirement is a moment in time when people reach a certain age, immediately stop working, fully retire, and begin pursuing their dreams is more myth than reality,” she said. The survey showed that only 21% of the workers who were interviewed expect they’ll be able to “fully retire” when the time comes. The rest expect to work, full time or part time. Weber said that many seniors have gone back to work because they can. They are living longer, healthier lives and enjoy the camaraderie of the workplace. But most of them need the jobs in order to get by. “The net worth of all Americans declined sharply during recession and its aftermath. But seniors have been hardest hit. And, the proof is in the numerous surveys that show there are more post-retirement job seekers out there than ever before.” But for many elderly Americans, finding work to supplement their incomes is not an option. Social Security is what puts food on their tables. “It’ ABOUT AMAC The Association of Mature American Citizens [http://www.amac.us] is a vibrant, vital and conservative alternative to those organizations, such as AARP, that dominate the choices for mature Americans who want a say in the future of the nation. Where those other organizations may boast of their power to set the agendas for their memberships, AMAC takes its marching orders from its members. We act and speak on their behalf, protecting their interests, and offering a conservative insight on how to best solve the problems they face today. Live long and make a difference by joining us today at http://amac.us/ End
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