I just retired, Started saving in my 401K early and opted for a cash value for my pension. Investing it wisely and enjoying life. Make room for the next guy but the companies won't replace us-Just pushing the workers who are left.
I belive that you should have too retire at age 62. Because we need to make room in the job market for the younger people to have a job. If we keep working after 62 their is no new jobs coming up for the younger ones to have. As we retire younger ones get are jobs thats how it works
My resume is long with numerous years (36 plus) in the mortgage business but cannot get hired. This even though I have an outstanding job history with many documented achievements. There are many unique ways that employers have of discriminating based on age with questions asked on applications. I believe age is a major deal.
If my life had gone as I had expected it to, I would have been retired 4 years ago; however, I lost my job twice since 2003, lost almost a year's work due to caring for sick parents and then spent 2/3s of my salary the past 2 years trying to keep a roof over my sister's family heads who became victims of the economy. The stock market crashes also didn't help. I am now looking after my 92-year old mother; I work full-time and will turn 66 the end of this year. But to help insure that I will have enough funds to get me through my family's life longevity, I plan on working full-time to 67 and then part-time until 70 and then collect. I'm not wealthy by any stretch of the imagination but was able to put away a sum for my retirement but I agree with the survey in that I believe getting through retirement will be far more difficult than for my parents. This is not to say that I wish I could retire now, because I'm definitely ready after working all my life since I was 17, I need to feel more comfortable about it. I won't be able to live a life of luxury, but I should be able to have the basics.
Why NOT retire early, if you can afford it? It opens up the job pipeline for the enormous group of up and comers who might otherwise not have opportunities to progress in their careers, and it also allows you to relax, travel and pursue other activities while you are still physically capable. This is NOT to say that someone who hangs on and remains in the workplace because they ENJOY it shouldn't do so-- but for the majority of people, that is NOT the case...
Maybe part of this article rings true, but not all. My Husband was forced to retire for health reasons, I chose to retire because he did, and I could. We are 60 years old. We both worked more than 35 years,paid into social security and pension funds. Other couples like us, also around 60 years old, who worked almost all of their adult lifes, can and will retire soon. We have given our time, for a long time, and now our time will be ours.
Hey moderator, the word "*******" is not vulgar, or offensive...it's factual in the content as used. I can only assume you are an Obama cheerleader censoring what you don't like.
The truth....I quit. No income, no income taxes to be paid and wasted. When TARP, bailouts, stimulus, Obamacare, and other government crimes and corruption were perpetrated against the American people, by the Commie-in-Chief and his commie Administration, with the collusion of criminals in Congress, I quit. The day Obamacare passed in Congress, I told my Congressman and Senator they voted for it, they could pay for it, I wasn't. I'm not working to give them my money to stuff their pockets, payoff their cronies, foreigners, illegals, welfare, and all of the other crap they waste our money on. And that was before the leeches Obama, by their extravagant lifestyles at taxpayer expense, began ******* the economic life blood from Americans.
So you were comfy paying billions to blackwater, going in the hole over unfunded wars, and the bailout, which by the way was Bush, not Obama?That deep thinking will get you in trouble, financial.
I gave you a thumbs up but aol ripped you off and made it negative. About as typical as the government. lol
My husband and I had both worked since we were 16 and owed no one anything. We retired as soon as we possibly could. I worked with students that were emotionally disturbed; murderers, arsonists, gang members and just plainly mentally ill, but I retired due to the school administration not the kids Both my husband and I were tired of doing more and more with less and less resources. We were in our 50's and we wouldn't change a thing.
Elementary school teachers 60 and older are not valued in society today.....retirement was the only option....too bad too.