Re: “More older workers have reasons to hold onto jobs” (TNT, 1-15).
While the article did say that there are a great many reasons why we stay, did anyone even ask, “Are you happy to be staying?” I see more than a 12 percent increase of the over-55 working today than I did 10 years ago.
The article did not draw a line between the increase in the over-55 working and the decrease in 25-to-54 working. That’s because we are stuck in their jobs. Because health care costs have increased dramatically while retirement benefits have decreased even more, we have few to no options.
No we did not choose to work until we’re almost 70; we are being forced to work. We were handed our retirement futures without any training and with little help. Then we were pushed out the door into 401(k) plans that are now worth less than what we put into them over the years.
Our forced delay into an encore life has also caused the delayed adolescence of the Gen Y, and the frustration of the Gen Xers, who really want us out of their jobs.
So did anyone ask, “Are you happy to still be working?” It’s not the incentive we lack; it is the means.