Research by the Center for Retirement Research indicates that older American workers who engage in remote work are significantly less likely to retire the following year compared to those who work in-person. Remote work, still prevalent post-pandemic, appears to support longer careers for many due to a lack of savings. Financial advisers have observed this trend, with employers offering flexible schedules to retain older employees, demonstrating a shift in workplace dynamics that benefits late-career workers.
For several clients where their employer wanted to keep them, the employer offered either a hybrid schedule or a pure 'work from home' model.
Remote work remains elevated relative to pre-pandemic levels and, for at least some workers, appears to be here to stay.
The good news from this brief then is that remote work seems to facilitate, not impede, longer careers.
Although the scale of remote work has fallen from its pandemic-era high, remote and hybrid jobs still compose a much larger share of the job market.
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