The Case for Deferring Retirement

Howard Risher

New Member
Today is my birthday. I'm 80.

I also recently published a book, Older Workers Ready to Retire. (olderworkersready.com)

I'm still working as a consultant on workforce issues -- and can attest to the research that supports remaining active, working full or part time or voluntering.

Older people benefit from having a purpose, maintaining social relationships at work, and knowing they are respected and valued. Studies show they live longer and have more satisfying lives. Studies also show older workers perform better and have a better work ethic. I recommend the movie, The Intern -- it would not have been made 20 years ago.

Its also true that COVID and the pandemic forced many older workers to 'retire'. It was unexpected and many were unprepared, with savings far too low to maintain the same standard of living. There are roughly 35 million between ages 55 and 62; the country knows very little about their financial status.

But of course we all feel the effects of ageist thinking and discrimination. The ADEA was wriiten and is now interpreted to allow employers to ignore applications from older workers. That needs to addressed by Congress. Ageism is a common global probem.

Fortunately all developed countries and industries are confronted with worker shortages. Its demographics -- the millions of Boomers reaching retirement age and families having fewer children, which means fewer young workers starting careers.

All of this gives the 'elderly' a reason to demand changes to recognize their value. It starts with employers and small group discussions of the how older workers are treated. It also means pressing elected leaders to address legal barriers to better lives.

Howard Risher
 

That's all very interesting. I was already aware of much of it from my own research and studies. It was a good read!

Welcome to Senior Forums 😀 I hope you'll join in on the discussions here and start your own, too.

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Happy birthday 🎂🎁
 
Howard, I agree with some of what you say, especially with regard to ageism and the need for a meaningful purpose in life. However, I am more of the opinion that life is too short to spend it working and people should aim to spend more time enjoying themselves while they remain in good health. Yes, of course you need to be sure of your finances and have plenty to keep you interested, but it's great to be able to set your own agenda and do as you please.

We retired in our mid 50's and it was the best 'career move' that we made. Life has been a lot more fun than the 9 to 5 grind ever was.
 

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