Stanford pushes the envelope for higher ed on midlife career change

Dr. Philip Pizzo,  founder of Stanford's Distinguished Careers Institute.

Is college wasted on the young? Dr. Philip Pizzo might not go that far, but he does hope to turn the world of higher education on its head by getting universities to focus on an older student body – much older than the typical twenty-something undergraduate. Pizzo, a pioneering oncologist and former dean of Stanford […]

More on Silicon Valley’s workplace discrimination problems

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The New York Times weighed in this week on Silicon Valley’s monoculture with a feature article exploring gender discrimination written by Jodi Kantor and a Joe Nocera column on high technology’s ethnic and racial diversity problems and lack of real meritocracy.  I’ll just chime in by noting – again- that Silicon Valley also has an age discrimination problem. […]

A report from the epicenter of encore careers

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PHOENIX – The ironic location of the Encore 2014 conference wasn’t lost on Marc Freedman, the organization’s founder and CEO: Maricopa County, Arizona, birthplace of the idea of retirement as a time of leisure. In January, 1960, Del Webb opened Sun City here. “Webb was a remarkable social innovator, and he came up with the idea of […]

Why ‘unretirement’ might be your best retirement strategy

Chris Farrell

Chris Farrell has a hot retirement investing tip for you, but it’s not a stock or bond. Farrell wants you to invest in yourself. In his new book, Unretirement (Bloomsbury Press), he argues that developing skills that can help you earn income well past traditional retirement age offers a better return on investment than any financial […]

How Washington is leading the way on phased retirement

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Gwendolyn Ross will turn 66 in November, but she isn’t ready to retire. A deputy comptroller for the U.S. Coast Guard in Miami Beach, Florida, she hopes to work until she’s 70 – but she would like to cut back her hours. “I have some health issues that require a lot of visits to the […]

Will jobless 50+ workers be able to get back in the workforce?

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Nothing throws a financial plan off course like unplanned unemployment in the years leading up to retirement. Plenty of plans have been derailed in the aftermath of the Great Recession. Nearly half of workers retire earlier than expected, according to the Employee Benefit Research Institute’s annual Retirement Confidence Survey. The reasons include health problems or disability […]

Silicon Valley’s ageist culture is bad for workers – and business

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Google confessed last week that it has a miserable record hiring and retaining women and minorities. The tech giant responded to public pressure – including protests at the company’s annual meeting led by the Rev. Jesse Jackson – released data about the gender and ethnic makeup of its workforce, and the numbers aren’t pretty. Women make up […]

How an aging population could be tonic for the economy

Paul Irving, president of the Milken Institute

Economists worry about something called the economic dependency ratio – the number of people over age 65 to 100 working age people. The U.S. Census Bureau projects that the ratio will jump sharply in the years ahead as the population gets grayer – from 22 in 2010 to 35 in 2030. The total dependency ratio, […]

Funding a business with a 401(k)

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The stock market scares Jan Morris. So last year she and her husband Chuck took most of the money in their retirement accounts and invested it in something most financial advisors would regard as even more risky than stocks: a small business start-up, specifically, one making high-quality artisanal gin and whiskey from a renovated distillery […]

How a side gig can boost retirement security

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Kim Palmer has a full-time job, but decided to start something on the side in 2009. “It was the height of the recession, and I was terrified that I’d get laid off – it seemed like it was happening all around me. I felt financial pressure to have a back-up plan.” A personal finance editor […]