Tuesday, December 2, 2008

Money & Business

Planning to Retire by Emily Brandon

Retiring Into an Uncertain Job Market

June 18, 2008 11:20 AM ET | Emily Brandon | Permanent Link | Print

Reader Comments

Retiring into an Uncertain Job Market

In my experience, the writer is right on point of reality. In my opinion, America does not respect the wisdom and hard knocks learned over time, because we are old.

In my years of technology, I did many things. During the 1990's, I found many people that didn't have a clue, but they had the bosses' ear and trust. The result is in meetings, they suggested bad ideas, and I would say that can't or shouldn't be done; it would be better to do it this way. I suggested that based upon the FACT that I had done it one way and failed, then succeeded after a new approach. The responses were that my point was useless, and they would granted their way just upon their words.

When I said, OK, no problem, but since it was your idea, you do it, and since I am negative to the idea, leave me out so I can't badly affect the project; after all, when I tried your idea, I didn't succeed, so your methods would be better.

In the end, they led the corporate operations into repeated disasters, and I was deemed to be negative.

Moral: The department and company loses, but the boss loves those guys. Why? Because he is not rated on the success/failure of the projects of his people. A second item, we are no longer evaluated based upon "REAL RESULTS".

Retirement Jobs

Boomers have maintained an active lifestyle and stayed in the job market longer than any other generation of citizens in our country's history.

According to a survey by Del Webb Corp. more than 43 percent of Boomers polled say they will continue to work at least 20 hours per week during retirement and Boomers are seven times more likely to start a new career in retirement.

Volunteering for charitable organizations remains a high priority for those approaching retirement, but somewhat surprising is the fact that 28 percent of Boomers say they plan to go back to school during retirement.

My husband is a Boomer and he works 4 days a week now at his 'retirement job' making 1/4 of what he used to make in management and I work for myself and we pray someone dies eventually and leaves us a lot of money so we can eventually retire. Otherwise we'll end up as greeters at the local Wally World.

Older workers looking for a job

Lets face it, as a group, older (age 55+) workers have MUCH MUCH higher medical bills. Thats the primary fear of employers. If this country would bite-the-bullet and finally institute TAXPAYER (Corporate as well as Individual) FUNDED (not Employer-funded) Universal Health care, this issue would go away.

Unfortunately, the country CANNOT afford the Roll Royce level of health care everyone thinks they are "entitled" to (but do not wnat to pay for). ANY reasonable cost Universal Healthcare plan MUST have some degree of rationing.... a bsae level of coverage, above which it WILL NOT pay for (under ANY circumstances) Until we accept this( and that the rich will be able to by more & better care .... just like they can do with any OTHER commodity), no progress will be made.

p90bqpy805

knd9bbiiktingl http://www.778530.com/781483.html fmv45u9h2rcdrf

Add your thoughts

All comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments FAQ.

Send an E-mail to retire@usnews.com.

Reporter Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be. You can E-mail Emily your retirement concerns at retire@usnews.com.

advertisement

NEWSLETTER

Sign up today for the latest headlines from U.S. News & World Report delivered to you free.

RSS FEEDS

Personalize your U.S. News with our feeds of blogs and breaking news headlines.

U.S. NEWS MOBILE

U.S. News daily briefings are also available on your mobile device.

Retirement Widget

Get Retirement News on Your Site

Click here to add a Usnews.com retirement widget.

Planning to Retire on Facebook

Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.
Make USNews.com your home page.