Old Timers Just Won't Quit ...
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https://www.washingtonpost.com/opinions/2024/08/26/five-generations-workforce-gen-z-challenge/
A big problem for young workers: 70- and 80-year-olds who won’t retire
With five generations in the workforce, it’s harder for beginners to get hired or promoted. -
I’m proud to say that I am not contributing to this problem.
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I am. But I don't fit that age group. Yet.
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I don't have time for a job.
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Guilty.
I was 72 when I retired this most recent time. And I’m still taking up a seat on the board of directors..
To be fair, when I went back to work at 69 it was because they couldn’t find anyone else remotely qualified who is willing to take the job.
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I still need to read the article, but the first thing I thought about was health care — it’s too expensive in this country and I’m sure that’s at least one of the disincentives to retiring.
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Ok so health care and the expense reason weren’t mentioned… I still would imagine it’s a huge issue.
In my case, I changed careers and didn’t compete my Ph.D. until I was over the age of 46. I’m mostly following the trajectory of a traditional academic career now, but I stared much later than people usually do. (Although, at the same time, I got a tenure track job immediately upon finishing, which many people don’t, so that impacts age related things as well).
But anyway, I would imagine that for people who changed careers, another reason for wanting to keep working is because you’re not done with what you’re doing…
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@DougG said in Old Timers Just Won't Quit ...:
To be fair, when I went back to work at 69 it was because they couldn’t find anyone else remotely qualified who is willing to take the job.
That was also true in my case. I retired from full-time employment when I turned 70, but continued as an hourly employee until this year (I'm now 78). The company sought to hire a full-time engineer to replace me in the Pittsburgh office prior to my retirement, but was unable to locate and hire a suitable candidate, so the ongoing work was divided between me or shipped to other company offices that had resources to perform it. My old position has never been filled.
Big Al
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I think they had a party after I left.
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My dad retired from his factory job after he had done it for 30 years. Within a year he was working full time selling motorcycles at a Harley Davidson dealership. He has been there for more than 20 years now (he is 73). He went to part time last year, making it the first time in over 50 years he hadn’t worked 6 day weeks.
Meanwhile, my retirement date is February 1, 2033. I will be 57. While I may not retire at the end of that school year, I am doing a lot to make sure I CAN (financially) if I wish to. The younguns can have my job if they want it!
