One of the most amazing ways to combine an encore career with volunteering is to join the Peace Corps. About five percent of Peace Corps members are over age 50, living abroad for a period of two to three years in fields ranging from teaching English to providing health care services or providing assistance [...] [read full article…]
IBM is expanding the roster of midlife career transition programs offered to its employees with a pilot program for transitions to non-profit organizations. IBM is partnering on the project with The Bridgestar Group, a consulting firm that works with non-profits. Bridgestar has forecast that non-profits will face a gap of 640,000 managerial personnel by the [...] [read full article…]
A new coalition of more than 100 organizations will kick off a campaign for national service with a ServiceNation Summit in New York this September. The summit has heavyweight sponsorship from Carnegie Corporation, AARP and Target. The campaign emphasizes service by older Americans, including a proposed Encore Service Corps that would provide opportunities in education, [...] [read full article…]
If you’re worried about achieving financial security in retirement, there’s a simple solution: Work a little longer. Most people say they don’t plan to retire until they turn 65. But that’s not what we’re actually doing. More than half of Americans actually retire at age 62–even though it’s not usually the best decision. Working even just [...] [read full article…]
When Sharon White was growing up, her career goal was clear: “I wanted to find a way to make money,” she recalls. An African-American woman who grew up in Compton, California in the 1950s, White pursued a career in business, acquiring degrees in accounting, business administration and finance along the way. Last month she retired at [...] [read full article…]
I often hear from readers who’ve lost their jobs in their 50s or early 60s to layoffs or involuntary “early retirement.” It’s a very stressful time all around, but finding health insurance is one of the biggest challenges. Coverage from former employers is on a countdown to expiration or already is gone. Medicare benefits are years [...] [read full article…]
A Supreme Court ruling yesterday will make it easier for older workers to pursue age discrimination claims, and will give companies pause before letting go of their older senior employees. The ruling puts the burden on employers to prove that a layoff based not on age but some other factor. According to the New York [...] [read full article…]
What kind of work will baby boomers choose to do when they leave their primary careers behind? The MetLife Foundation/Civic Ventures Encore Career Survey released today suggests a surprising number will opt for work that makes a meaningful contribution to society. The survey found that “a surprisingly large number of people between the ages of [...] [read full article…]
So you’re getting ready to retire, but think you’ll want to keep working in some fashion after you leave. Maybe you’ll downshift to a part time position with your former employer, or do some consulting. Congratulations on making such a smart move. Continuing to work means more income to supplement your retirement lifestyle, and it bolsters [...] [read full article…]
Q: I have eight more years to work until my retirement age (66). I plan on working as long as possible. What I want to know is, will I be able to still work full-time while collecting Social Security, or will I only be able to work so many hours? Although I still have a [...] [read full article…]
RetirementRevised.com is the companion website of Retire Smart, a column written by Mark Miller that appears in more than 30 newspapers each week. For millions of Baby Boomers, retirement is an opportunity for reinvention, rather than taking it easy. Mark is helping write the playbook for the new career and personal pursuits of a generation.
