US. Inflation is causing some older Americans to delay retirement plans, survey shows
As inflation rises, many Americans are shifting life milestones, including retirement.
Some 13% of Gen Xers and baby boomers say they have postponed or considered delaying plans to leave the workforce due to soaring costs.
That’s according to a survey from the Nationwide Retirement Institute, showing a cross-generational wave of Americans canceling or postponing major events due to rising prices.
Annual inflation spiked by 7.9% in February, a new 40-year high, according to the U.S. Department of Labor, representing the cost of food, gas, housing and more
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