LOOKING AHEAD AT WORKFORCE PARTICIPATION

In spite of the volatile nature of, well, nearly everything, Transamerica’s Prescience 2026 panel is attempting to peek around the corner for a look at trends that may be ahead for the U.S. workforce.

Six times now Transamerica has embarked on a research project that seeks to anticipate trends that may impact employers and their employees. In a series of 10 polls and follow-up discussions conducted over a year’s time, the seventh iteration, now underway, asks a distinguished group of workplace benefits and financial professionals what they see happening by the end of 2026.?

Results of the second poll have just been released and we think you’ll find these key insights useful. Panelists agreed or strongly agreed that, by the end of 2026:

• More older Americans will be in the workforce. 81% of panelists believe workforce participation among people ages 65-75 will be at 30%.
• Ten percent of those over the age of 75 may be working, according to 54% of the panelists.

Catherine Collinson, CEO and president of nonprofit Transamerica Institute and its Transamerica Center for Retirement Studies, points to her organization’s research as a basis for her prediction. In fact, she believes the percentage may be even higher. She said in part, “My team’s research finds that more than half of workers expect to retire after age 65 or do not plan to retire.”

What does this mean for your business? The inclusion of older workers means the workforce can benefit from their knowledge and experience. At the same time, an increasing number of workers over the age of 65 makes it critical for employers to offer a flexible workplace benefits package that can meet the needs of a variety of ages, career stages, and family structures. You’ll find more information in the full survey results.

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