Study: Economic worries may keep faculty in jobs past retirement

06/17/2013 | American City Business Journals

Economic concerns might keep many "Baby Boomer" faculty members teaching well past retirement age, according to a new report from Fidelity Investments. The study showed 74% of university faculty plan to work well after they reach age 65, and 55% say they are not sure they can afford to retire. Some universities reportedly are offering a phased retirement plan, allowing faculty to give up tenure and work part time.

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