Want To Retire Early? Stay In Arizona
Work is different these days. What used to be a job that allowed you to retire comfortably at 50 has now become a lifelong endeavor.
The issue goes to the other side of the coin as well, while more and more seniors are trapped in their jobs, young entrances to the workforce are finding it impossible to find a job.
That's not the case in Arizona.
The Workforce is Getting Younger
While employee ages rise across the U.S., Arizona has stayed shockingly young. As of 2024, the Grand Canyon State has the third lowest percentage of employees over the age of 65 in America at just 15%. Only West Virginia (13.3%), Mississippi (13.6%), and Arkansas (14.6%) had lower rates.
With a number so low, more jobs are opening across Arizona for young graduates looking to make their mark in the professional sector. This is the best case scenario for both parties, giving older workers the break they deserve while giving the youth a chance at a promising career.
Read More: Arizona City Named West Coast Retirement Capitol
Why is the Workforce Getting Younger?
Arizona seems like an outlier in context with the rest of the U.S. For most states, employees are expected to spend more time at work due to changes in the Social Security and retirement plans. Life expectancy is also leagues higher than past generations which means that older workers are able to work for longer.
The main reason Arizona has seen such a bump in younger workers is that Arizona is a retirement destination! Much of the state's senior population is already chilling out and reaping the benefits of years of hard work.
[Axios]
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