A new federal law aimed at encouraging midlife career shifts to the non-profit sector and volunteering is in jeopardy due to proposed funding cuts to the Corporation for National and Community Service (CNCS). The Serve America Act included funding to boost positions in programs like Americorps and established Encore Fellowships for Americans age 55 or [...] [...more]
When President Obama delivers his State of the Union address on January 25th, all indications are that he’ll embrace many of the deficit reduction recommendations put forward last month by the co-chairs of his National Commission on Fiscal Responsibility & Reform. A key section of the wide-ranging report offers recommendations to bolster the long-term fiscal [...] [...more]
The oldest baby boomers start turning 65 in January. For the next two decades, roughly 10,000 Americans will be getting their Medicare cards in the mail daily. The largest generation’s symbolic milepost has sparked predictable newspaper feature stories and polls about how boomers are feeling about the big six-five. Take your pick among the findings–boomers [...] [...more]
The word retirement needs reinvention, especially in our post-crash economy. For the huge generation of baby boomers now approaching the traditional retirement years, achieving security will depend on working longer—often in new careers. We’ll also need to reexamine our traditional notions about investing and spending. For anyone approaching this profound life transition, the first challenge [...] [...more]
Workers who are unemployed for less than five weeks are three times more likely to find new jobs than those who have been out of work for longer periods, The New York Times reports today. The Times report is based on new data from the U.S. Department of Labor and found that “people out of [...] [...more]
