General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSix Reasons Why You Should Never Retire. Gee, prepping America for the inevitable?
Yeah, THIS isn't completely short-sighted or Republican or delusional or anything . . .
http://finance.yahoo.com/news/6-reasons-why-never-retire-164549581.html
Continuing to work keeps people engaged and requires learning new skills. While the perfect antidote to the hazards of aging has not yet been identified, performing meaningful work is certainly a major part of the answer. For people who have "retired" in a technical sense, there has been a boom in encore careers and other volunteer experiences. Many of these people are working as hard and effectively as they ever have, and reaping big health and wellness benefits (although clearly not earning commensurately large paychecks).
The recession and painfully slow jobs recovery that has followed have occasioned some sniping at older workers. It is time for them to move on, we're told, and to open up slots for deserving younger job candidates. Similar "job stealing" charges have been levied at illegal immigrants. This is an understandable but short-sighted reaction. Labor shortages will be making headlines in a few years, and we'll need workers of all ages and origins.
The financial argument for staying at work has, of course, been front and center in the past few years. But labor-force participation rates for older people have been rising for 20 years, and financial motivations were important even before the recession. Beyond the money, there have been other benefits as well.
Man . . . hope this corporate PR wonk is proud of himself.
People retire because work is a damned boring mud-trough for many of us. If people had their 'druthers, you REALLY think they'd pick "fabric covered box and the 'you could be next' anvil over their heads" over a stress-free life and relaxation? PLEASE.
liberal N proud
(60,334 posts)That is when I am supposed to be able to enjoy some things like travel, grandchildren and hobbies.
But the right wing is hell bent on making it my cat food years.
Most companies will kick you out between 58 and 63. I have seen dozens of people I worked with forced to take early retirement.
Great if you can afford it, but many have to take other jobs to survive.
HughBeaumont
(24,461 posts)That's another thing he doesn't seem to get . . . workplace ageism in both hiring and retaining older workers.
Bennyboy
(10,440 posts)When you are too old and the data suggests that you will be a liability to the company. Healthcare costs rise, the percentage of comp claims, average number of sick days, elder care etc..... It's legal to discriminate because the data backs it up.
OUT YOU GO. I know so many people who had this happen. ALL WITHOUT UNION REPRESENTATION.
liberal N proud
(60,334 posts)I just turned 53
Bennyboy
(10,440 posts):Rolls eyes:
RebelOne
(30,947 posts)Actually, it was not because of my age. I was laid off along with others who were a lot younger than me. The company was downsizing. I had been wishing I could retire but wanted to get more money into my 401K. I was already collecting social security anyway.
So far, I have enough money in the bank that I will not have to be eating cat food for a few years.
DirkGently
(12,151 posts)Who needs a house? Health benefits? Vacation? Retirement? Well, yes, rich people have multiple houses, unlimited health benefits, and talk earnestly about retiring from Wall Street jobs at 30 as multimillionaires.
But regular folks just don't need those things. They'd hardly appreciate them anyway.
They're from the 1%. And they're here to help us.
Turbineguy
(37,319 posts)"Pleaze don't retire (so we can instead)"
Faygo Kid
(21,478 posts)Time for family and friends after a lifetime of work? Who needs THAT? I would MUCH rather fight the Metro crowds into downtown DC until I drop.
Love this statement near the close:
"Older employees are ceasing to be oddities in the workplace. Recognition and sensitivity to multigenerational workforces have been growing. Older workers thus are more likely to be accepted by younger colleagues and managers."
What planet is this guy on?
"Successful people have seldom selected retirement when they turn 65. Warren Buffett may be the poster child for lifetime employment, but he is hardly unique."
Warren Buffett is "hardly unique?" You're not "successful" if you have selected retirement?
No wonder he's getting hammered for this column.
badhair77
(4,216 posts)"Older employees are ceasing to be oddities in the workplace. Recognition and sensitivity to multigenerational workforces have been growing. Older workers thus are more likely to be accepted by younger colleagues and managers."
My experience has been younger workers could not wait to get rid of us veterans and take our assignments whether they were prepared for them or not. Some of it has worked out, some has blown up in the district's faces. Not my problem anymore. I'm enjoying my new life. I'd like to find a part-time job but in the meantime I'm renewing family relationships and enjoying what I have, something I could not do while I worked.
alarimer
(16,245 posts)People who actually work for a living (bricklayers, any of the building trades, anyone who works outside or in any dangerous job) should get to retire at 45.
marlakay
(11,451 posts)Because he was so angry from commuting and parts of his job. That was 2005. I thought move from the city to the mountains with nice house, peace and quiet, should be wonderful....
If I had known about the economy, how part time jobs would be hard to find or keep, if I knew that my husband who had all these ideas of hobbies would just sit doing nothing every day....I would have kept working.
I worked year round first 4 years we were here and now I have a seasonal job working in the office of our summer and winter play productions. So I work 5 months a year, I like it. I go to the gym, I belong to a bookclub and a hiking club, and do some volunteer work.
My husband does yard work in the summer for 3 months and if I kick his buns will get the snow off the driveway.
I finally got him to see a counselor for depression starting last month. I am super hoping she tells him to get a life! I keep telling him to do a hobby any hobby.
That beyond money is why you should stay working unless you have a full life outside work.
eridani
(51,907 posts)Yo_Mama
(8,303 posts)Jesus. What a fantasy world that person lives in.
doc03
(35,325 posts)single day of it. Getting a pension and SS beats the hell out of working in a steel mill for 40 years.
qazplm
(3,626 posts)but i think once you retire, you are one step closer to death, so I plan on working for a long time, being a lawyer that does make it easier on me than most to do that.
I also plan on living forever, but I realize my odds are somewhat challenging in that vein.
bmbmd
(3,088 posts)Keep on working. Keep being productive. Enjoy the empty nest. You'll live longer and enjoy it more.
varelse
(4,062 posts)Or are we all supposed to relish second 'careers' as Walmart greeters?
Gidney N Cloyd
(19,833 posts)treestar
(82,383 posts)He did have other pursuits. But when I went over to his place and he was watching TV, I thought about retirement and the idea panicked me. Like it could be so boring.
Jack Sprat
(2,500 posts)under Pol Pot. Forget your frivolous desires. You must work, work, work. Eat your catfood and get back to work.
fluchen
(30 posts)many of the people with 30+ years of service.
The #1 reason why so many were still working even though they could retire on the company pension and wanted to was medical coverage.
They would not retire until they were eligiable for Medicare.
The company in late 2010 decided to offer a buy out of 6 months pay and the ability to get medical coverage at the same rates as full time workers till they were 65.
Within 5 minutes of the email announcing the deal went out over 100 people were lined up at HR to accept the deal.
Universal Health Care will solve so many of America's problems.
GeorgeGist
(25,319 posts)2. I wish I didn't work so hard.
http://www.inspirationandchai.com/Regrets-of-the-Dying.html
badtoworse
(5,957 posts)... i.e. those that have a choice. Not everyone has a job that is physically taxing, boring or that they just plain hate. If you like what you do, have a job and are in good health, why would you want to leave it? I could retire, but I like what I'm doing and don't want to.