Wednesday, June 08, 2005

Majority of Workers Expect (and Want) To Work Longer

Following up on research conducted by AgeWave finding that 80% of workers surveyed in 10 countries "believe mandatory retirement should be abolished and a majority expect to continue working after they have "retired" from their prime-time careers," Janet Kidd Stewart writes that it appears a majority of workers now expect--even want--to work later into their old age:
{T]here is some anecdotal evidence that at least some older workers are already staying on the payroll longer. One of the most pressing problems for the Service Corps of Retired Workers, a service that uses volunteer retirees to help train entrepreneurs, is finding experienced volunteers who have left the workforce, said Jim Pyles, the group's chairman.
However, she also notes that aging "doesn't always work out the way we want." For example, "we may think we want to continue working, but a health issue of our own or of a spouse can quickly curtail those expectations. Or a corporate downsizing or merger may thrust us out into the workforce at an age when we are overlooked by potential employers."

Source: "Later, later, many now say to early retirement" Chicago Tribune (June 5, 2008)

No comments: