Planning to Retire

The 20 Fastest-Growing Jobs for Aging Boomers

By Emily Brandon

Posted: July 25, 2008

More older Americans now work as retail salespersons than in any other occupation. But baby boomers are expected to find other things to do besides being store clerks as they come to dominate the 55-plus age bracket.

Boomers are likely to land in growth fields that welcome older workers, according to a new Urban Institute study. And many boomers will breathe a sigh of relief to find that retail jobs did not make the top 20 occupations projected to be the fastest growing among the older set.

Most of the hot occupations already employ above-average shares of 55-plus workers and draw on an educated workforce. They include personal financial advisers, veterinarians, and social and community service managers.

Each of the top-ranked fields is expected to see its workforce grow at least 20 percent by 2016. That's twice the rate forecast for the nation's labor force as a whole. Workers 55 and older now make up 17 percent of the labor force.

Workers in these fast-growing occupations are generally educated, have opportunities for part-time work, and face few physical demands on the job, the report says. But many of the jobs require brainpower, computer savvy, and a knack for working with people.

20 Hot Jobs for Older Workers

Occupation 2007 Employment Projected 10-Year Growth Share of Workers 55 and Older
Personal and home-care aides 794,846 50.7% 23.4%
Personal financial advisers 343,170 40.9 18.8
Veterinarians 66,824 35.5 22.4
Social and community service managers 340,736 24.6 24.4
Miscellaneous entertainment attendants 163,717 23.8 21.1
Surveyors, cartographers, and photogrammetrists 42,128 23.6 16.9
Environmental scientists and geoscientists 102,766 23.6 20.2
Registered nurses 2,608,762 23.4 17.9
Animal trainers 45,072 23.3 23.0
Instructional coordinators 24,165 23.3 32.0
Locksmiths and safe repairers 25,047 23.1 25.4
Postsecondary teachers 1,357,642 22.8 27.0
Archivists, curators, and museum technicians 56,396 22.2 24.7
Social workers 728,481 22.2 17.5
Management analysts 662,978 22.0 26.5
Pharmacists 229,830 21.8 21.4
Counselors 707,527 21.4 18.2
Business operation specialists 100,367 20.9 18.8
Brokerage clerks 3,831 20.5 29.5
Religious workers 109,127 20.5 32.5

Source: Urban Institute

age discrimination on jobs and the high cost of insurance for older workers

I worked for Sorenson Photography for 17 years and was laid off before people after me were hired. My employer was heard to say he wanted younger workers in the studio.He even gave me a glowing letter of recommendation so i know it wasn't my quality of work. He even told me my work was great! I've since learned that the insurance companies charge hundreds of dollars more a month for health coverage than they do for employees in their 20's. (I was wondering why at job interviews they weren't even giving me the time of day, Now I know and no I'm not ugly) Now employers fire or lay off older workers to get rid of the high cost of health insurance and hire younger workers who as I can see aren't as dependable or experienced. The employers also turn to employment agencies so they don't have to pay for employee benefits or keep the employee. Younger workers in the work force aren't noticing this trend and I try to tell them to start saving money now because you never know. Even my nephew who is 42 graphic designer is considered old and my nephew who is 30 is considered old in his work.

People think that just because you are an older worker that you have all kinds of retirement money or savings that you should be able to quit work by the time you are 50 or around there but that's not always the case with older workers. Lots have no retirement or not enough for one reason or another. It seems like a lot of people just don't care about this problem either. I purposely look around when I go out shopping or just in places of business on my errands and look or count how many older workers I see and I'm always disappointed to see the majority are younger workers. Like 10 to 1.

My sister works for an employment agency in California and she sends out well educated, well experienced, well dressed , and great personalities peoples to job interviews and the potential employer calls her back and tells her to send them someone younger. and she informs them that comment is against the law. Discrimination. So then they put it in their job description some job skill that an older person couldn't do to use as discrimination like lift 70 or something that keeps the older worker out but I have to say I've seen young workers in Costco that I could out work any day. Just because they are young doesn't mean they are in shape.

Oh and yes I do believe in God and regularly talk to Him about the work situation but that doesn't mean you're going to get a solution. In fact life as a christian can be much harder because you don't conform to the world and Jesus said 'take my yoke upon you" and I wouldn't say His yoke is light. But there are many other benefits in being a believer that I wouldn't give up for anything.

And Yo Patrick some people don't have the finances to retire already...

Susan Jensen artist of OR @ Oct 19, 2009 14:24:36 PM

37 So far in life either under or unemployed

Just retire already....maaan.

Patrick Walker of AL @ Oct 11, 2009 17:26:43 PM

A 61 year old makeover plan

TODAY,there is a paradigm shift from marketing to religion. Let our lives be updated.

In 2007, we lost 3 homes from foreclosure. Our financial problems started when my husband, my daughter in law and my other son lost their jobs.Since we are a family all these problems had a domino effect. We started living on rented rooms/house separately. We lost our credibility with our children. Worst, our rented house was foreclosed and we are being evicted. Is this a true story? It is.

My husband and I decided that he goes back to our country, study LVN, teach and try to sell our property . I promised to send $1000 monthly and started looking for a job as a babysitter, caregiver, a director of religious education and a math teacher but was not hired.I worked in Pasadena as an environmental engineer/chemist for 10 years.When my son got involved in the gang I opted to stay at home and saw my son joined the military. Last year I got an environmental engineer worka fter 13 years of not working but that only lasted for 3 months. On different occassions, a friend loaned me $1500, my brother in law, $2000 and got $2000 from the pawn shop. I enrolled myself on a Certified Nursing Assistant 20 day program which costs $1200.I decided to give away our good furnitures and fixtures for a donation.My 2 children give me $100 monthly allowance. Why am I sharing all of this? Because I believe that we are forgetting that there is a God who loves us, who will provide for all our needs. Call to Him. Tell Him "God help me". I and my family is including God in our Makeover plan in life. Join us and you won't go wrong. We made mistakes in the past but that didn't subtract God's love for us.

mitos nicdao of CA @ Sep 29, 2009 21:53:11 PM

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Planning to Retire

Planning to Retire

Reporter Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

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