With employers slashing payrolls and Social Security edging toward insolvency, much of the baby boomer generation have put their plans on moving to their retirement homes on hold. But a new survey
conducted by CareerBuilder.com seems to indicate more people are putting their retirement plans back on the front burner.
After surveying 536 U.S. employees between the ages of 60 and 65, CareerBuilder.com found that approximately 65 percent of respondents said finances are preventing them from retiring when they had planned. That's still a majority, but 7 percent less than the 72 percent who said the same thing last year.
Rosemary Haefner, vice president of human resources at CareerBuilder.com said, "It’s encouraging to see that more workers have the option to retire if they want to, but there are still some who want to keep working at their companies for a variety of reasons."
Some of those reasons, according to the study, include fears retirement will be boring, enjoying their job and enjoying the feeling of being needed.
According to reports from parts of the country replete with retirement villages, like California, more retirement homes were sold last year compared to 2009.