As more people follow the trend of remaining in the work force after the traditional retirement age of 65, a period of adjustment is required.

The adjustment to employment trends, as well as saving trends, can sometimes create difficulties between employees and employers, according to the Washington Post in “Retirement, deferred: workers — and companies — grapple with a new reality.”

As people live longer and find themselves capable of continuing to work, they may come up against a decline in defined benefit pension plans as well as a rise of 401(k)s where people may not have saved as much in their retirement accounts as they should.

Some companies have created special programs for older employees that allow them to stay on the job and gradually wind down. However, these programs are not as popular as many had hoped. This is because employees fear that entering them will put them out of line for raises and many of the programs have fixed schedules under which employees must retire.

Other companies are attempting to better assist their employees with finances, either by offering retirement education or increasing the amount companies contribute to employees’ retirement accounts.

There is no simple solution to this problem.

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