Many Workplaces Still Not Aging-Friendly

A report from the TransAmerica Center for Retirement Studies found less than a third of U.S. employers offer aging-friendly services, while just 20 percent make allowances like enabling employees to take less physically demanding jobs, or encouraging participation in transition planning, according to FEDweek . Moreover, just one tenth offer retirement-oriented lifestyle and transition planning resources or information about "encore" career opportunities. Furthermore, just 25 percent of employers factor in age as a demographic characteristic in their diversity and inclusion policies, and only another 25 percent plan to do so. "In reality, many employers may not be as aging-friendly as they think they are," the report concluded. Over 50 percent of retirees say they wound up retiring sooner than they had expected, and more than half of those complained of job-related issues, including general unhappiness. The federal government offers a phased retirement program, but it has seen little actual use.