Many Iowans nearing retirement age are driving an increase in older workers who keep their job to cover high health care costs their life savings cannot cover. Story includes a podcast of an IowaWatch Connection radio report on the problem.
Iowa’s senior citizens face a number of challenges, from resisting those who want to take advantage of them to making proper plans for passing down the family farm or planning for long term care.
Workforce participation rates for those over the age of 55 have been climbing over the past few years and are expected to continue growing, according to the Bureau of Labor Statistics. This, according to University of Iowa Public Health Professor Brian Kaskie, is the new normal.