{"id":1782,"date":"2015-07-24T19:38:17","date_gmt":"2015-07-24T19:38:17","guid":{"rendered":"https:\/\/cantruck.ca\/could-retirees-help-ease-driver-shortage\/"},"modified":"2025-01-10T16:51:38","modified_gmt":"2025-01-10T16:51:38","slug":"could-retirees-help-ease-driver-shortage","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/could-retirees-help-ease-driver-shortage\/","title":{"rendered":"Could Retirees Help Ease Driver Shortage?"},"content":{"rendered":"

An annual survey conducted by insurance giant Northwestern Mutual<\/a> finds that self-described workers in the U.S. expect to retire at age 68 \u2013 a full decade later than when current retirees left the work force \u2013 with 62% saying they need to keep working longer \u201cfrom necessity\u201d as the vast majority (79%) cite \u201cinsufficient savings\u201d and \u201clack of confidence in social safety nets\u201d as the reasons.<\/p>\n

The firm\u2019s findings \u2013 2015 Planning & Progress Study<\/i><\/a> \u2013<\/span><\/em> was reported by Fleet Owner:<\/em><\/p>\n

\u201cPoor communication\u201d may be a contributing factor to delaying retirement involuntarily as four in 10 of the 5,474 American adults aged 18 or older participating in the survey said they haven\u2019t discussed retirement with anyone while a full third (35%) do not have any sense of how much income they will need to retire.<\/p>\n

\u00ab\u00a0With life expectancy increasing, planning for retirement is essentially like preparing for a vacation that could last decades,\u00a0\u00bb noted Rebekah Barsch<\/strong>, VP of planning at Northwestern Mutual, in a statement.<\/p>\n

Yet that \u201cvacation\u201d is going to require a good bit of funding \u2013 especially if it lasts for decades. So could piloting a truck during that \u201cvacation\u201d period help provide some of that needed monetary backing? Fleet Owner\u2019s<\/em> Sean Kilcarr<\/a> asks:<\/p>\n

It could be a \u201cwin-win\u201d in a way for both parties here \u2013 older Americans<\/a> and the trucking industry \u2013 as the dearth of younger workers<\/a> and their lack of enthusiasm for driving<\/a>, much less driving trucks for a living<\/a>, becomes more readily apparent.<\/p>\n

Here are a few other factors at work: When looking toward retirement, only 12% of future retirees envision being completely out from the work force, Northwestern Mutual found in its poll \u2013 contrasting significantly with current retirees, nearly four in five of whom report being completely retired.<\/p>\n

And regardless of lifestyle expectations, adults who are not yet retired are substantially less optimistic about their retirement prospects than current retirees, the insurance firm found:<\/p>\n