Mark Vinter, senior economist for Wells Fargo Securities, LLC Economics Group, started his presentation at the IGA meeting with this premise: “We are more than two years into the economic recovery and there is still considerable amount of uncertainty regarding sovereign debt issues in Europe and the U.S. housing sector.
As older Americans (aged 50+) in the workforce continue to age towards retirement, the recent recession has left many of them expecting to work longer or even to never retire according to data from the Employee Benefit Research Institute (EBRI).