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The Federal Reserve study has shown that wages quit increasing at about the age of 45. So you generally hear older people today saying, “Well, I’m not genuinely certain when I’m going to retire, I’m going to function a small bit longer,” as if it was their selection that they were going to operate a lot longer. Folks often speak about these function plans as if they can choose. You could want to operate, but you have to have someone wanting to purchase your labor. And this study is displaying that older women selling themselves on the marketplace is not as useful of an asset as men’s human capital. This age discrimination is actually going to create a population of pretty low-income and vulnerable elderly.
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