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Baby Boomers who delay retirement benefit their employers

Baby Boomers who continue working past the age of 65 are a boon to their employers, according to a new survey by BMO Retirement Services.

By Paula Aven Gladych | Updated on August 22, 2012

Baby Boomers who continue working past the age of 65 are a boon to their employers, according to a new survey by BMO Retirement Services. The survey, which polled 412 employers who offer retirement plans, found that 45 percent believe that the Boomers staying on as employees is a good thing. Only 4 percent believed it would have a negative impact on companies.

Nearly a quarter of employers surveyed felt that the percentage of working boomers who postpone retirement could exceed 50 percent in the years ahead and nearly half of respondents predicted that more than 30 percent of boomers would fall into this category.

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