Friday, February 11, 2005

Idahoans Delaying Retirement

U-S Census Bureau stats project that by 2010 Idaho's aging workforce could make up 20% of the total workforce in Idaho. Already, more and more Idahoans are delaying retirement.

Source: "Idaho's Older Workers" Idaho News Channel 6

2 comments:

Toad Hall said...

I'm not surprised about those delaying retirement. With all that's going on in the current government and the unrest about social security, it appears many of the aging workforce will continue well in to their late 60's and probably on into the early 70's. Will they work at their current jobs? Maybe, maybe not. But, there is going to have to be some type of winnowing process.

Not all workers will be needed or wanted. Those who have valuable skills will retire when they can and sign back on as independent contractors or consultants. They'll have a retirement payment, their consulting pay, and retiree benefits. This will allow the boomers to continue to live as they always have.

This is truly something to think about and act on. because starting in 2011, everyone born in 1946 will start to retire at 65, if they can afford it. Not me, I plan to work on until I get carried out...on a rail or on a stretcher.

----Read "Wind in the Willows" to your children and grandchildren and follow it up with "Willows in Winter". Afterwards, some Beatrix Potter will be just smashing.

Toad Hall said...

I'm not surprised about those delaying retirement. With all that's going on in the current government and the unrest about social security, it appears many of the aging workforce will continue well in to their late 60's and probably on into the early 70's. Will they work at their current jobs? Maybe, maybe not. But, there is going to have to be some type of winnowing process.

Not all workers will be needed or wanted. Those who have valuable skills will retire when they can and sign back on as independent contractors or consultants. They'll have a retirement payment, their consulting pay, and retiree benefits. This will allow the boomers to continue to live as they always have.

This is truly something to think about and act on. because starting in 2011, everyone born in 1946 will start to retire at 65, if they can afford it. Not me, I plan to work on until I get carried out...on a rail or on a stretcher.

----Read "Wind in the Willows" to your children and grandchildren and follow it up with "Willows in Winter". Afterwards, some Beatrix Potter will be just smashing.