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Early Retirement

More Than 1 Million Baby Boomers Are Secretly Unemployed

More Than 1 Million Baby Boomers Are Secretly Unemployed

The Bureau of Labor Statistics released its tabulation of the monthly unemployment rate, showing the jobless rate dipped to 7.5 percent in April. But that leaves out one major segment of the population: Those forced into retirement. While older Americans were less likely to lose their jobs in the recession, it's ...

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Is 48 Too Old To Be Working?

Is 48 Too Old To Be Working?

Baby boomers aren't retiring. Recession-battered savings, and the prospect of a decades-long retirement, have left them clinging to their jobs, keeping our nation's youth out of the workforce and forever stunting the younger generation's career potential. That's the story we often hear. But that's not the ...

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HP Plans To Dump 2,000 More Workers

HP Plans To Dump 2,000 More Workers

SAN FRANCISCO -- Hewlett-Packard Co. is planning to cut about 2,000 more jobs than it had previously announced as CEO Meg Whitman tries to turn the company around. In a regulatory filing Monday, the computer and printer maker said it will eliminate 29,000 jobs by October 2014, up from the 27,000 cuts it ...

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The Constant Struggles Associated With Early Retirement

The Constant Struggles Associated With Early Retirement

Barbara Hawley had a thriving business as a Chicago-based technical writer, until 2005 when she was abruptly forced into early retirement in an effort to keep her freelance business afloat. For four years, until Hawley reached the full retirement age (FRA) of 66, when she was eligible to receive full retirement ...

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