Baby boomers are driving job growth, remaining in the workforce longer, according to data released by the Labor Department. And the figures show that Americans 55 and over are making up about half of all employment gains in 2018.
Business Analyst Mark Rosa sees it too.
"From a 55-year-old's standpoint, you wonder when everything's going to kick in, your 401k after 59, your IRA after age 59, so everything goes into the 60s," Rosa said. "You are also still productive, you've been at work for years, you're experienced, you know the industry ideally that you spend time in."
Rosa says the age of 55 just makes it too early so many are kicking it into the 60s, if not the 70s.
"You're worried about health care and how that is going to fit into your life but for the baby boomers, and I am one of them, the encouragement is with Social Security, start taking your benefits at age 66 years and 10 months," said Rosa. "Don't take them early at 62."
Of the 2.9 million new jobs recorded by Labor's survey of households last year, 1.4 million were taken by people 55 and over.