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Seniors Working Much Longer As Times Are Changing!

admin — Mon, 20 Aug 2007 00:01:45 +0000

There are a growing number of people for whom retirement age has lost its meaning. They're staying on the job longer some for personal satisfaction, others out of necessity. Some are even working into their 90s. About 6.4 percent of Americans 75 or older, or slightly more than 1 million, were working last year. That's up from 4.7 percent a decade before, according to the U.S. Department of Labor. About 3.4 percent of Americans 80 or older were in the work force last year, up from 2.7 percent from the previous decade. Melanie Holmes, vice president of corporate affairs for Manpower Inc., an employment services company recently said that "For the first time in history, four generations are working together".

With the first wave of baby boomers reaching the traditional retirement age, Manpower has urged companies to start thinking about ways to retain and recruit older workers, through flexible scheduling. This will help them fill positions as the labor pool shrinks. Older workers often bring experience and a strong work ethic, but they may have a different style of work due to the advanced technology and they may be better at face-to-face contact than electronic communications. It is also more likely that they may adhere more strictly to company rules.

Still some companies are reluctant to hire older workers. A survey last year by Manpower found that 24 percent of employers viewed expectations for higher salary or stature as one of the top roadblocks to hiring older workers, while 21 percent cited health care costs. Nevertheless, after decades of decline, the number of workers 55 and older began to rise about a decade ago and that trend has accelerated since 2000, labor officials said. Experts cite several factors for the growth, including people living longer and the Senior Citizens Freedom to Work Act in 2000, which allowed workers 65 through 69 to earn as much money as they want without losing any Social Security benefits. Other reasons include the gradual increase in when they start receiving Social Security benefits from 65 to 67 and a decline in traditional pensions and retiree health benefits.

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Living Longer May Be Detrimental To Your Retirement

admin — Sat, 17 Mar 2007 19:54:06 +0000

Our expectations of the maturating population must change as we enter or near [tag]retirement[/tag] to match longer life spans we are seeing today. The health goals of this opening move are noble, but most Americans are just recognizing the alarming social and political effects of longer, healthier lives [as they [tag]retire[/tag]. It's time to start thinking of the changes biotechnology will bring to our lives and realizing that we haven't planned for what science is about to provide in our "golden years".

The outlooks of Americans will have to change, starting with the obsolete idea that one can completely [tag] retire at 65[/tag]. This isn't just an extension of working years that individuals will have to accept. We can also expect health problems to multiply as people live longer in bodies that didn't have the benefit of the latest in nutritional knowledge, new treatments or better working conditions. You should take a look at http://www.afountainofyouth.org for some guidance as to how to live longer and healthier.

Cancer researchers already use nano-size particles to deliver targeted chemotherapy chemicals that behaves like a "smart bomb," exterminating cancer cells and leaving the surrounding cells with low degrees of toxicity. Pharmaceutical companies are developing drugs to fight the crisis of obesity, which leads to cancer, diabetes, heart disease and other disease related to premature death. This will aggravate what society is already experiencin in that more older people will have even more political power.

Clearly, one reason politicians are already averse to elevate the [tag]retirement age[/tag] is the voting punch of senior citizens as well as maturing baby boomers. They'll certainly object to any threat to full Social Security benefits starting at 65. When new technologies and treatments radically alter some life spans but not others, there will be outrage over this divide much like to the digital divide between the so called "haves" and the "have nots" for Internet access.

The logical place to start a national dialogue on life extension and its effects is with the question of whether it makes sense to retire at 65 if it is possible to be healthy well into one's 80s and perhaps even until one reaches 100. Everyone nearing or in retirement should certainly consider starting their own Internet business and there is not a better way than Automatic Authority Site Builder