HOOOO_WAAAA!!!! Give this fellow a round of applause!
Last week police were called to investigate an attempted armed robbery: The 71-year-old retired Marine who opened fire on two robbers at a Plantation, FL, Sub shop late Wednesday, killing one and critically wounding the other, is described as John Lovell, a former helicopter pilot for two presidents. He doesn't drink, he doesn't smoke, he works out everyday. Mr. Lovell was a man of action Wednesday night.
According to Plantation police, two masked gunmen came into the Subway at 1949 N. Pine Rd., just after 11 p. m. There was a lone diner, Mr. Lovell, who was finishing his meal. After robbing the cashier, the two men attempted to shove Mr. Lovell into a bathroom and rob him as well. They got his money, but then Mr. Lovell pulled his handgun, opened fire. He shot one of the thieves in the head and chest and the other in the head.
When police arrived, they found one of the men in the shop. K-9 units found the other in the bushes of a nearby business. They also found cash strewn around the front of the sandwich shop according to Detective Robert Rettig of the Plantation Police Department. Both men were taken to Broward General Medical Center, where one, Donicio Arrindell, 22, of North Lauderdale died. The other, 21-year-old Frederick Gadson of Fort Lauderdale is in critical but stable condition. A longtime friend of Lovell, was not surprised to hear what happened. The friend said, ''He'd give you the shirt off his back, but he'd be mad as hell if someone tried to take the shirt off your back''.
Mr. Lovell was a pilot in the Marine Corps, flying former Presidents John F. Kennedy and Lyndon B. Johnson. He later worked as a pilot for Pan Am and Delta. He is not expected to be charged, authorities said. ''He was in fear for his life; '' Detective Rettig said, 'These criminals ought to realize that most men in their 70's have military backgrounds and aren't intimidated by idiots'. Something tells me this old Marine wasn't 'in fear for his life', even though his life was definitely at risk. The only thing he could be charged with is participating in an unfair fight. One 71 - year young Marine against two punks. Two head shots and one center - body- mass shot - outstanding shooting! That'll teach them not to get between a Marine and his meal.
Don't you just love a story with a happy ending? ( Florida law allows law abiding citizens to carry a concealed weapon.) SMART STATE!!!
Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts
Monday, July 28, 2008
Tuesday, June 24, 2008
Retirees, Followed By Boomers, Will Redefine Retirement
Some of us will likely never retire, or never get to retire!! As a business person, a marketer, and a market researcher, I found this data to be very interesting. As they state, consumption habits of aging Americans are likely to be very different from earlier generations.
Thursday, March 6, 2008
Retirees, Followed By Boomers, Will Redefine Retirement
According to a report from The Media Audit, adults who are nearing retirement are now one of the fastest growing demographics in the country. 17.9% of all U.S. adults are now retired , a figure that has increased by 6% in the last five years and will rapidly increase as Boomers exit the workforce over the next few decades.
Consumption habits of aging Americans are likely very different from those of their predecessors because they are living longer, achieving higher levels of education, are wealthier, and redefining what it means to be retired.
83% of the retired adults in the U.S now own their own home
Thirty percent of retired adults have cash, stocks and CD’s valued at more than $100,000, the highest figure ever reported
13.1% of new automobile purchasers are retired, compared to 11.1% five years ago. 8.3% of adults who have a car loan are retired, compared to 6.4% five years ago, an increase of nearly 30%
16% of adults who frequently stay in hotels are retired, compared to 14.7% five years ago, a jump of almost 10%
Among frequent beer consumers, 13% are retired, compared to 11.3% five years ago
Adults who are retired are 6% more likely than the average U.S. adult to frequently dine out at a full service restaurant and retirees now make up nearly 20% of all adults who frequently dine out.
14.3% adults who plan to take an ocean cruise in the next year are retired.
Nearly one in five adults who plan to have lasik eye surgery are retired, and are 5% more likely than the average adult to be planning a lasik eye surgery procedure.
The report further reveals that adults who are retired today compared to the average U.S. adult:
Spend nearly 30% more time watching broadcast TV, 14% more time watching cable TV, 25% more time reading a daily newspaper
Retired adults today spend only 89 minutes per day online, a figure that is 26% less than the average U.S. adult who spends 123 minutes per day online. The next generation of retirees, though, is expected to be more computer and internet friendly, since Baby Boomers between the ages of 45 and 64 spend a considerably higher amount of time online - 123 minutes per day.
The most affluent retirees can be found in larger markets such as Washington, D.C., where the average retired adult earns $64,000 in household income.
San Jose, California, Fort Myers- Naples, Florida, San Francisco, California and Long Island, New York, follow behind with household incomes of more than $50,000.
And, currently the top ranking retiree markets are:
Ocala, Florida with the highest percentage of retired adults (36%)
Fort Myers- Naples, Florida (34%)
Daytona Beach, Florida (33%)
West Palm Beach, Florida (31%)
Melbourne-Titusville-Cocoa, Florida (29%)
For more information from the MediaAudit, please visit them here.
Thursday, March 6, 2008
Retirees, Followed By Boomers, Will Redefine Retirement
According to a report from The Media Audit, adults who are nearing retirement are now one of the fastest growing demographics in the country. 17.9% of all U.S. adults are now retired , a figure that has increased by 6% in the last five years and will rapidly increase as Boomers exit the workforce over the next few decades.
Consumption habits of aging Americans are likely very different from those of their predecessors because they are living longer, achieving higher levels of education, are wealthier, and redefining what it means to be retired.
83% of the retired adults in the U.S now own their own home
Thirty percent of retired adults have cash, stocks and CD’s valued at more than $100,000, the highest figure ever reported
13.1% of new automobile purchasers are retired, compared to 11.1% five years ago. 8.3% of adults who have a car loan are retired, compared to 6.4% five years ago, an increase of nearly 30%
16% of adults who frequently stay in hotels are retired, compared to 14.7% five years ago, a jump of almost 10%
Among frequent beer consumers, 13% are retired, compared to 11.3% five years ago
Adults who are retired are 6% more likely than the average U.S. adult to frequently dine out at a full service restaurant and retirees now make up nearly 20% of all adults who frequently dine out.
14.3% adults who plan to take an ocean cruise in the next year are retired.
Nearly one in five adults who plan to have lasik eye surgery are retired, and are 5% more likely than the average adult to be planning a lasik eye surgery procedure.
The report further reveals that adults who are retired today compared to the average U.S. adult:
Spend nearly 30% more time watching broadcast TV, 14% more time watching cable TV, 25% more time reading a daily newspaper
Retired adults today spend only 89 minutes per day online, a figure that is 26% less than the average U.S. adult who spends 123 minutes per day online. The next generation of retirees, though, is expected to be more computer and internet friendly, since Baby Boomers between the ages of 45 and 64 spend a considerably higher amount of time online - 123 minutes per day.
The most affluent retirees can be found in larger markets such as Washington, D.C., where the average retired adult earns $64,000 in household income.
San Jose, California, Fort Myers- Naples, Florida, San Francisco, California and Long Island, New York, follow behind with household incomes of more than $50,000.
And, currently the top ranking retiree markets are:
Ocala, Florida with the highest percentage of retired adults (36%)
Fort Myers- Naples, Florida (34%)
Daytona Beach, Florida (33%)
West Palm Beach, Florida (31%)
Melbourne-Titusville-Cocoa, Florida (29%)
For more information from the MediaAudit, please visit them here.
Monday, June 23, 2008
More Seniors Filing For Bankruptcy
KISSIMMEE -- Elderly Americans have been filing for bankruptcy more than any other age group in the U.S. Medical bills, credit card payments and mortgages have become simply too much for a lot of seniors.
The American Association of Retired Persons released a new study that showed the rate of personal bankruptcy filings among those ages 65 or older jumped by 150 percent from 1991 to 2007, and the rate of seniors ages 75 to 84 jumped an astounding 433 percent.
Melvin Berman, 78, a retired post office worker in Osceola County, said he did not know what to do. Almost seven years ago, he filed for bankruptcy, but his debt has continued climbing.
Berman told News 13 he was two months behind on his mortgage payments, and could barely afford to pay his electric and grocery bills. His pension just is not enough anymore.
"You work all your life, and you want to have a nice retirement, and what happens when you do retire? You're out of luck," Berman said.
More and more, seniors like Berman are walking through the doors of buildings like the Osceola Council on Aging, because they are in financial trouble, and do not know where to turn.
"Is bankruptcy the right choice? Should I refinance my house? Should I take a reverse mortgage? We've had a whole lot of interest in those topics by people looking to get out of a problem," said Debi Wood, with the the Osceola Council on Aging.
Wood says there are solutions, including what Berman did: He contacted his local senior resource center.
"There's no end to it," Berman said. "If I could see the end of the rainbow, where it could help me, it would be better."
If you need help, you can get more information on where to turn by calling 211. Just ask the operator for your local senior resources, or financial assistance, and they can direct you to the appropriate person.
View Video
The American Association of Retired Persons released a new study that showed the rate of personal bankruptcy filings among those ages 65 or older jumped by 150 percent from 1991 to 2007, and the rate of seniors ages 75 to 84 jumped an astounding 433 percent.
Melvin Berman, 78, a retired post office worker in Osceola County, said he did not know what to do. Almost seven years ago, he filed for bankruptcy, but his debt has continued climbing.
Berman told News 13 he was two months behind on his mortgage payments, and could barely afford to pay his electric and grocery bills. His pension just is not enough anymore.
"You work all your life, and you want to have a nice retirement, and what happens when you do retire? You're out of luck," Berman said.
More and more, seniors like Berman are walking through the doors of buildings like the Osceola Council on Aging, because they are in financial trouble, and do not know where to turn.
"Is bankruptcy the right choice? Should I refinance my house? Should I take a reverse mortgage? We've had a whole lot of interest in those topics by people looking to get out of a problem," said Debi Wood, with the the Osceola Council on Aging.
Wood says there are solutions, including what Berman did: He contacted his local senior resource center.
"There's no end to it," Berman said. "If I could see the end of the rainbow, where it could help me, it would be better."
If you need help, you can get more information on where to turn by calling 211. Just ask the operator for your local senior resources, or financial assistance, and they can direct you to the appropriate person.
View Video
Thursday, June 19, 2008
How Not To Retire - Central Florida Community College
Central Florida Community College will offer “How Not to Retire" for seniors 50 and older from 9 a.m. to noon June 26 at the Ewers Century Center at CFCC, 3001 S.W. College Road.
The seminar is the third in the Living Well Series sponsored by CFCC’s Pathways Life Services, a program for adults in or nearing retirement.
Seating is limited.
The $15 fee includes refreshments.
To register, call 291-4444.
The seminar is the third in the Living Well Series sponsored by CFCC’s Pathways Life Services, a program for adults in or nearing retirement.
Seating is limited.
The $15 fee includes refreshments.
To register, call 291-4444.
Wednesday, May 21, 2008
Freeway of the future?
Freeway of the future?
Why are retirees locking themselves away in leisureville?
William Hanley, Financial Post Published: Saturday, May 17, 2008
Had Walt Disney envisioned the housing development of 2008, he might easily have conjured up The Villages north of Orlando in central Florida. Had George Orwell envisioned the housing development of 2008, it also might have been The Villages, a sprawling age-segregated and gated retirement community that could have the motto: In Golf We Trust.
Indeed, after reading Leisureville: Adventures in America's Retirement Utopias, I'm inclined to believe The Villages is Disney's Magic Kingdom for the over-55s with an undertone of Orwell's Nineteen Eighty-Four, a place where utopia meets dystopia, where endless leisure coexists quite comfortably with numbing, autocratic conformity.
Author Andrew D. Blechman, a young New Englander, at first can't believe the descriptions of The Villages provided by a retired older neighbour who is moving there with his wife. They seem so over the top and kind of creepy. After all, the largest gated community in the world has 75,000 residents (with another 35,000 on the way), spans three counties, two zip codes and 8,000 hectares, sports three dozen golf courses and has 160 kilometres of trails for golf carts, which are the primary mode of transportation for the Villagers.
In this totalitarian gerontopia for retirees, residents can drive their golf carts to movies, supermarkets, churches, recreation centres, clinics, dozens of pools or two crime-free "village" centres. Just about everything can be found in this peculiar paradise except for one thing: children.
The Villages, like thousands of gated retirement (and non-retirement) communities across North America, offers residents not necessarily a world without children, but a world with children on demand. A person must be at least 55 to buy a home in The Villages and no one under 19 may live there. Children can visit, but their stays are limited to 30 days a year.
The rules of The Villages are strictly enforced:Weeds must be removed, lawns -- at least 51% sod -- edged and hedges over four-feet high are prohibited. So, too, are clotheslines and individual mailboxes. Pets are limited to two per house, window air conditioners are forbidden, Halloween trick-or-treaters are not allowed.
And big neighbour, like Orwell's Big Brother, is always watching. Golf-cart passersby are sure to complain if these and other covenants are broken. Further, the local newspaper, The Daily Sun, is a junior league Ministry of Truth of the corporation that runs The Villages, so bad news is no news.
Though Blechman was both dismayed and amused by descriptions of The Villages, he decided to visit with his older friends and find out for himself what the attraction is behind retirement community gates. Leisureville is not exactly an expose of age-segregated retirement living, but a lively and thoughtful account of a lifestyle that can be at once entertaining and appalling. The book is full of warm, appealing characters. It also has tinges of the sadness and wistfulness that often accompany the later years.
Blechman goes beyond The Villages -- "a retirement community on steroids" -- to Arizona and to the oddly named Youngtown, the first elders-only community, and to Sun City, which once bloomed in the desert but is now a half-century old and showing it. The many problems and issues that have caught up with Sun City, the butt of many an ageist joke in my youth, will likely one day visit The Villages and its smaller kin, he says. They include, most notably, a lack of tax-base support for local schools as retirees say they've paid their education support dues over their lifetimes. Blechman talked to many Villagers who said they'd also paid their share and were tired of giving back.
Blechman wonders what, exactly, they've given. "Blessed to be born into one of the richest generations in the history of the world, they've led a life that most people can only dream of. Such good fortune wasn't a matter of luck: it was given to them by previous generations who made untold sacrifices through two world wars and a devastating depression. ? Surely today's retirees have something more to pass on than a love of golf and perceived entitlement to lock themselves away
in leisurevilles. That's no citizenship; that's secession. It's a form of surrender, an acknowledgement of societal failure."
Hold on, Andrew. This is not the end of the world.
While there is something to worry about in the trend to leisurevilles, only a small percentage of retirees and Boomers will opt to lock themselves away. Indeed, well over half of Boomers say they're not going to retire. They and most others will stick around and work and coexist like the rest of society, possibly escaping for some R&R during the winter months.
In the meantime, many of those in The Villages and elsewhere will tire of the lifestyle, forgo the weather and head back home -- even if it is just for the summer or to visit family occasionally.
And those who stay the course will find their communities necessarily morphing over time into places resembling towns with the usual needs and problems.
The prospect of retiring to The Villages or any other gated retirement community doesn't interest me.
I've never even been in one, but I have this strong feeling that they're ghettos for the elderly --grey-ttos, if you will.
Yet, while I can't quite understand the desire some folks have to retire to such white-bread conformity, I respect the right of those who do. Even Andrew D. Blechman acknowledges that leisurevilles are "a powerful vision that has proved to be very appealing to a sizable segment of aging Americans."
whanley@nationalpost.com
Why are retirees locking themselves away in leisureville?
William Hanley, Financial Post Published: Saturday, May 17, 2008
Had Walt Disney envisioned the housing development of 2008, he might easily have conjured up The Villages north of Orlando in central Florida. Had George Orwell envisioned the housing development of 2008, it also might have been The Villages, a sprawling age-segregated and gated retirement community that could have the motto: In Golf We Trust.
Indeed, after reading Leisureville: Adventures in America's Retirement Utopias, I'm inclined to believe The Villages is Disney's Magic Kingdom for the over-55s with an undertone of Orwell's Nineteen Eighty-Four, a place where utopia meets dystopia, where endless leisure coexists quite comfortably with numbing, autocratic conformity.
Author Andrew D. Blechman, a young New Englander, at first can't believe the descriptions of The Villages provided by a retired older neighbour who is moving there with his wife. They seem so over the top and kind of creepy. After all, the largest gated community in the world has 75,000 residents (with another 35,000 on the way), spans three counties, two zip codes and 8,000 hectares, sports three dozen golf courses and has 160 kilometres of trails for golf carts, which are the primary mode of transportation for the Villagers.
In this totalitarian gerontopia for retirees, residents can drive their golf carts to movies, supermarkets, churches, recreation centres, clinics, dozens of pools or two crime-free "village" centres. Just about everything can be found in this peculiar paradise except for one thing: children.
The Villages, like thousands of gated retirement (and non-retirement) communities across North America, offers residents not necessarily a world without children, but a world with children on demand. A person must be at least 55 to buy a home in The Villages and no one under 19 may live there. Children can visit, but their stays are limited to 30 days a year.
The rules of The Villages are strictly enforced:Weeds must be removed, lawns -- at least 51% sod -- edged and hedges over four-feet high are prohibited. So, too, are clotheslines and individual mailboxes. Pets are limited to two per house, window air conditioners are forbidden, Halloween trick-or-treaters are not allowed.
And big neighbour, like Orwell's Big Brother, is always watching. Golf-cart passersby are sure to complain if these and other covenants are broken. Further, the local newspaper, The Daily Sun, is a junior league Ministry of Truth of the corporation that runs The Villages, so bad news is no news.
Though Blechman was both dismayed and amused by descriptions of The Villages, he decided to visit with his older friends and find out for himself what the attraction is behind retirement community gates. Leisureville is not exactly an expose of age-segregated retirement living, but a lively and thoughtful account of a lifestyle that can be at once entertaining and appalling. The book is full of warm, appealing characters. It also has tinges of the sadness and wistfulness that often accompany the later years.
Blechman goes beyond The Villages -- "a retirement community on steroids" -- to Arizona and to the oddly named Youngtown, the first elders-only community, and to Sun City, which once bloomed in the desert but is now a half-century old and showing it. The many problems and issues that have caught up with Sun City, the butt of many an ageist joke in my youth, will likely one day visit The Villages and its smaller kin, he says. They include, most notably, a lack of tax-base support for local schools as retirees say they've paid their education support dues over their lifetimes. Blechman talked to many Villagers who said they'd also paid their share and were tired of giving back.
Blechman wonders what, exactly, they've given. "Blessed to be born into one of the richest generations in the history of the world, they've led a life that most people can only dream of. Such good fortune wasn't a matter of luck: it was given to them by previous generations who made untold sacrifices through two world wars and a devastating depression. ? Surely today's retirees have something more to pass on than a love of golf and perceived entitlement to lock themselves away
in leisurevilles. That's no citizenship; that's secession. It's a form of surrender, an acknowledgement of societal failure."
Hold on, Andrew. This is not the end of the world.
While there is something to worry about in the trend to leisurevilles, only a small percentage of retirees and Boomers will opt to lock themselves away. Indeed, well over half of Boomers say they're not going to retire. They and most others will stick around and work and coexist like the rest of society, possibly escaping for some R&R during the winter months.
In the meantime, many of those in The Villages and elsewhere will tire of the lifestyle, forgo the weather and head back home -- even if it is just for the summer or to visit family occasionally.
And those who stay the course will find their communities necessarily morphing over time into places resembling towns with the usual needs and problems.
The prospect of retiring to The Villages or any other gated retirement community doesn't interest me.
I've never even been in one, but I have this strong feeling that they're ghettos for the elderly --grey-ttos, if you will.
Yet, while I can't quite understand the desire some folks have to retire to such white-bread conformity, I respect the right of those who do. Even Andrew D. Blechman acknowledges that leisurevilles are "a powerful vision that has proved to be very appealing to a sizable segment of aging Americans."
whanley@nationalpost.com
Saturday, May 10, 2008
Is A "Phased Retirement" Your Best Option?
By Kent Johnson
There's been a lot of buzz lately about so-called "phased retirements," where older workers choose to work less -- and on their own terms -- rather than retire completely. This can ease the financial burden of having to live entirely off your retirement savings or social security, while still allowing flexibility and time to do the things you really enjoy in life.
And this doesn't mean you have to settle for working part- time in a fast food restaurant or as a greeter in a department store. More and more companies are using phased retirements as a way of retaining their older employees, which they see as valuable assets (which of course they are). Older workers often have decades of critical knowledge and experience that they can pass on to their younger co-workers, which benefits everyone concerned.
Easing into retirement can lessen the shock of suddenly having no place to go in the morning, a situation that many newly-retired workers have difficulty adjusting to. This is especially a problem for workaholic types who've been logging 50 or 60 hour work weeks for most of their adult lives. And for people who have no hobbies, outside interests, or children, the hours of the day can seem to stretch on and on.
There are also financial considerations with retirement. With people living longer than ever, and the ever-increasing cost of living, it's becoming harder to retire with a comfortable standard of living (especially if you want to travel, upgrade your home, buy expensive furnishings, etc).
Which is where phased retirements come in. In one recent survey, over 60 percent of workers between 50 and 70 years old said that they'd like to work part-time before they fully retire. These older workers also want retirement benefits, health insurance, and other benefits -- although most realize that a smaller paycheck will be part of the deal as well.
Not all employers are willing or able to allow their older workers to ease into retirement. In fact, formal programs of this type are rare, so you'll probably have to approach your boss or human resource department and make some sort of informal arrangement. If there are other older workers at your company already in a flex program, then you ask them about their arrangement, and how it was established.
One reason that formal phased retirement programs are rare is the fact that the Federal Government hasn't enacted legislation in order to define just how such programs should be administered. There are health insurance issues with some companies, and pension rules that prohibit some employers from giving partial retirement payments to workers who wish to trim back their hours before full retirement age.
But with the overall population aging, and the baby boom generation approaching 60, look for more companies -- large and small -- to implement some sort of phased retirement program.
After all, if done correctly, it can turn out to be a win- win situation for everyone.
Kent Johnson - author, publisher, career coach. "Helping people realize their dreams one career at a time." Your Dream Career.com - your source for career tips and info ==> http://your-dream-career.com
Article Source: http://EzineArticles.com/?expert=Kent_Johnson
There's been a lot of buzz lately about so-called "phased retirements," where older workers choose to work less -- and on their own terms -- rather than retire completely. This can ease the financial burden of having to live entirely off your retirement savings or social security, while still allowing flexibility and time to do the things you really enjoy in life.
And this doesn't mean you have to settle for working part- time in a fast food restaurant or as a greeter in a department store. More and more companies are using phased retirements as a way of retaining their older employees, which they see as valuable assets (which of course they are). Older workers often have decades of critical knowledge and experience that they can pass on to their younger co-workers, which benefits everyone concerned.
Easing into retirement can lessen the shock of suddenly having no place to go in the morning, a situation that many newly-retired workers have difficulty adjusting to. This is especially a problem for workaholic types who've been logging 50 or 60 hour work weeks for most of their adult lives. And for people who have no hobbies, outside interests, or children, the hours of the day can seem to stretch on and on.
There are also financial considerations with retirement. With people living longer than ever, and the ever-increasing cost of living, it's becoming harder to retire with a comfortable standard of living (especially if you want to travel, upgrade your home, buy expensive furnishings, etc).
Which is where phased retirements come in. In one recent survey, over 60 percent of workers between 50 and 70 years old said that they'd like to work part-time before they fully retire. These older workers also want retirement benefits, health insurance, and other benefits -- although most realize that a smaller paycheck will be part of the deal as well.
Not all employers are willing or able to allow their older workers to ease into retirement. In fact, formal programs of this type are rare, so you'll probably have to approach your boss or human resource department and make some sort of informal arrangement. If there are other older workers at your company already in a flex program, then you ask them about their arrangement, and how it was established.
One reason that formal phased retirement programs are rare is the fact that the Federal Government hasn't enacted legislation in order to define just how such programs should be administered. There are health insurance issues with some companies, and pension rules that prohibit some employers from giving partial retirement payments to workers who wish to trim back their hours before full retirement age.
But with the overall population aging, and the baby boom generation approaching 60, look for more companies -- large and small -- to implement some sort of phased retirement program.
After all, if done correctly, it can turn out to be a win- win situation for everyone.
Kent Johnson - author, publisher, career coach. "Helping people realize their dreams one career at a time." Your Dream Career.com - your source for career tips and info ==> http://your-dream-career.com
Article Source: http://EzineArticles.com/?expert=Kent_Johnson
The Workplace is going Grey
By Teena Rose
Article provided by SuccessfulResumes.com.
Leading executive resume writer to catapult your second career.
A popular perception in the workplace has always been that employers were all too eager to offer early retirement packages to encourage older workers to step aside because of their salary and benefit costs to the company. That perception may be on the way out, as the greying of the baby-boomer generation is poised to leave American companies short-handed.
Concern in the U.S. and abroad is quickly approaching a watershed moment as employers are staring a shortage of workers right in the face. In 2011, the Employment Policy Foundation expects there to be 4 million more jobs than workers. That number is expected to rise to 35 million unfilled jobs by the 2030.The outcome, experts say, will be more seniors remaining or returning to a job site that will include many more post-65 workers. The terms blue-collar and white-collar workers will be joined by a new adage. The silver-collar worker.
With 76 million people in the baby boomer generation (1946-64) and just 45 million Gen-Xers, the numbers define a clear gap that will need to be filled using various strategies, including extending the typical working life beyond 65 years as advocated for years.
The trend has become so pronounced, companies have formed partnerships with the AARP (American Association of Retired Persons) to create a Featured Employers community, which highlights employers who are senior-friendly. Some of the companies include big names like Home Depot, Walgreen's, Verizon and MetLife. As demand increases, AARP expects the list of employers eager to hire older workers will grow substantially.
According to networking website ExecuNet, industries where seniors are seeing the biggest gains include health care, high tech, financial services, business services and defense/aerospace. And the three biggest industries where huge future gaps are expected, include retail sales, registered nurses and postsecondary teachers. Retaining or hiring older workers also gives employers the loyalty advantage. According to a recent study, workers age 55 to 64 have been in their jobs three times as long as their younger counterparts. The study, released late last year by the Bureau of Labor Statistics, revealed that 25-34 year-olds averaged 2.9 years at the same job, while 55-64 year-olds averaged 9.3 years. Since turnover is costly, and the glut of workers is expected to rise soon, the retirement-age worker may hold more advantages than the recent college graduate."We've definitely seen that older workers are more loyal," Astra Group consultant Sara Jung told Inc.com. "Younger workers are more likely to jump ship if they get a more attractive offer."Another trend focused on recently by Time magazine is the "bridge job."
Before going into full retirement mode, many workers over 55 are slowing instead of stopping their careers with part-time jobs of full-time jobs for typically less than a decade.
Not only will companies need older employees. Older employees will need the companies, and the income they provide.
"In the next five to 20 years, we're going to see a lot of people who think they're going to be ready for retirement, and all of a sudden they're going to work out the numbers, look at how much money they've saved and realize, 'I can't retire,' " Bouchey Financial Group CEO Steven Bouchey told the Albany Times Union in January. "I always say that everybody dreams about retiring on a hill overlooking a lake. Many people are going to be retiring in a trailer overlooking a swamp."
_____________________________________________________
Teena Rose, Book Author, Columnist,Resume Writer,Career Specialist, 1999 - Present. Provide resume writing and career services to an array of career professionals, ranking from new graduates and entry-level jobseekers to business owners and executives. Target advice and coaching services to give jobseekers a leg-up against "the competition."
Article provided by SuccessfulResumes.com.
Leading executive resume writer to catapult your second career.
A popular perception in the workplace has always been that employers were all too eager to offer early retirement packages to encourage older workers to step aside because of their salary and benefit costs to the company. That perception may be on the way out, as the greying of the baby-boomer generation is poised to leave American companies short-handed.
Concern in the U.S. and abroad is quickly approaching a watershed moment as employers are staring a shortage of workers right in the face. In 2011, the Employment Policy Foundation expects there to be 4 million more jobs than workers. That number is expected to rise to 35 million unfilled jobs by the 2030.The outcome, experts say, will be more seniors remaining or returning to a job site that will include many more post-65 workers. The terms blue-collar and white-collar workers will be joined by a new adage. The silver-collar worker.
With 76 million people in the baby boomer generation (1946-64) and just 45 million Gen-Xers, the numbers define a clear gap that will need to be filled using various strategies, including extending the typical working life beyond 65 years as advocated for years.
The trend has become so pronounced, companies have formed partnerships with the AARP (American Association of Retired Persons) to create a Featured Employers community, which highlights employers who are senior-friendly. Some of the companies include big names like Home Depot, Walgreen's, Verizon and MetLife. As demand increases, AARP expects the list of employers eager to hire older workers will grow substantially.
According to networking website ExecuNet, industries where seniors are seeing the biggest gains include health care, high tech, financial services, business services and defense/aerospace. And the three biggest industries where huge future gaps are expected, include retail sales, registered nurses and postsecondary teachers. Retaining or hiring older workers also gives employers the loyalty advantage. According to a recent study, workers age 55 to 64 have been in their jobs three times as long as their younger counterparts. The study, released late last year by the Bureau of Labor Statistics, revealed that 25-34 year-olds averaged 2.9 years at the same job, while 55-64 year-olds averaged 9.3 years. Since turnover is costly, and the glut of workers is expected to rise soon, the retirement-age worker may hold more advantages than the recent college graduate."We've definitely seen that older workers are more loyal," Astra Group consultant Sara Jung told Inc.com. "Younger workers are more likely to jump ship if they get a more attractive offer."Another trend focused on recently by Time magazine is the "bridge job."
Before going into full retirement mode, many workers over 55 are slowing instead of stopping their careers with part-time jobs of full-time jobs for typically less than a decade.
Not only will companies need older employees. Older employees will need the companies, and the income they provide.
"In the next five to 20 years, we're going to see a lot of people who think they're going to be ready for retirement, and all of a sudden they're going to work out the numbers, look at how much money they've saved and realize, 'I can't retire,' " Bouchey Financial Group CEO Steven Bouchey told the Albany Times Union in January. "I always say that everybody dreams about retiring on a hill overlooking a lake. Many people are going to be retiring in a trailer overlooking a swamp."
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Teena Rose, Book Author, Columnist,Resume Writer,Career Specialist, 1999 - Present. Provide resume writing and career services to an array of career professionals, ranking from new graduates and entry-level jobseekers to business owners and executives. Target advice and coaching services to give jobseekers a leg-up against "the competition."
Tuesday, March 11, 2008
Baby Boomer Generation Will Stay Active in Retirement
Artical From Baby Boomers Magazine - March 5th, 2008
While early Baby Boomers are entering retirement age, we intend on doing so having active fun. There is no shortage of fun activities for the Baby Boomer Generation. Fortunately for Baby Boomers times have changed since our parents retired. Nowadays there's definitely no shortage of fun activities for the Baby Boomer Generation. In fact, many of today's Baby Boomers believe that the best way to keep from growing old is to remain active. And they're right. While many of us are intending on working well past traditional retirement ages, we intend on fun doing so..
While early Baby Boomers are entering retirement age, we intend on doing so having active fun. There is no shortage of fun activities for the Baby Boomer Generation. Fortunately for Baby Boomers times have changed since our parents retired. Nowadays there's definitely no shortage of fun activities for the Baby Boomer Generation. In fact, many of today's Baby Boomers believe that the best way to keep from growing old is to remain active. And they're right. While many of us are intending on working well past traditional retirement ages, we intend on fun doing so..
Today's Baby Boomers enjoy most anything that's done outside the home in a group setting. Biking, swimming, tennis, golf, dancing, bowling, playing cards, eating out, exercising, shopping, traveling, indulging in the arts, and even dating are just a few of the many fun activities for Baby Boomers to choose from. Basically, when it comes to keeping active and entertained, nothing is off limits for today's Baby boomers!
As Baby Boomers grow older, many are choosing to move into communities that have been designed to serve our aging market. Whether they're called "over 55 communities" or "adult communities" or "manufactured home parks" and even "ALFs" the one thing all these communities have in common are lists of scheduled activities. These lists help keep members of the community informed of upcoming fun activities for Baby Boomers can participate.
Going online is another excellent way to find out about fun activities for Baby Boomers. No longer something to be afraid of using and learning, Baby Boomers are finding the Internet just as convenient a source of information and research as the rest of society. To help meet the growing demand of Boomer online users, local libraries and other community centers are marketing introductory classes on computer usage and safety to Baby Boomers. Classes are worthwhile and they're filled to capacity which further proves that fun activities for Baby Boomers know no boundaries.
Special Baby Boomer interest websites (such as BabyBoomer-Magazine.com) and Social networking sites are another valuable source of fun activities. What began as a way for the younger generation to make friends has caught the attention of the Baby Boomers. And why not? Social networking sites are a great way to meet others from across town or across the globe who share similar interests. Besides meeting others, visitors to these sites find plenty of scheduled activities with open invitations meaning that if you're interested in the activity, then you're invited.
Fun activities for the Baby Boomer Generation are out there and there's no limit to what we'll find once you start looking. Staying active and social are both not only enjoyable, they're great for our physical and mental well-being. With so many fun activities for Baby Boomers taking place every day, there's no longer any excuse for being bored!
Friday, March 7, 2008
Retirees, Followed By Boomers, Will Redefine Retirement
According to a report from The Media Audit, adults who are nearing retirement are now one of the fastest growing demographics in the country. 17.9% of all U.S. adults are now retired, a figure that has increased by 6% in the last five years and will rapidly increase as Boomers exit the workforce over the next few decades.
Consumption habits of aging Americans are likely very different from those of their predecessors because they are living longer, achieving higher levels of education, are wealthier, and redefining what it means to be retired.
83% of the retired adults in the U.S now own their own home
Thirty percent of retired adults have cash, stocks and CD's valued at more than $100,000, the highest figure ever reported
13.1% of new automobile purchasers are retired, compared to 11.1% five years ago. 8.3% of adults who have a car loan are retired, compared to 6.4% five years ago, an increase of nearly 30%
16% of adults who frequently stay in hotels are retired, compared to 14.7% five years ago, a jump of almost 10%
Among frequent beer consumers, 13% are retired, compared to 11.3% five years ago
Adults who are retired are 6% more likely than the average U.S. adult to frequently dine out at a full service restaurant and retirees now make up nearly 20% of all adults who frequently dine out.
14.3% adults who plan to take an ocean cruise in the next year are retired.
Nearly one in five adults who plan to have lasik eye surgery are retired, and are 5% more likely than the average adult to be planning a lasik eye surgery procedure.
The report further reveals that adults who are retired today compared to the average U.S. adult:
Spend nearly 30% more time watching broadcast TV, 14% more time watching cable TV
25% more time reading a daily newspaper
Retired adults today spend only 89 minutes per day online, a figure that is 26% less than the average U.S. adult who spends 123 minutes per day online.
The next generation of retirees, though, is expected to be more computer and internet friendly, since Baby Boomers between the ages of 45 and 64 spend a considerably higher amount of time online - 123 minutes per day.
The most affluent retirees can be found in larger markets such as Washington, D.C., where the average retired adult earns $64,000 in household income.
San Jose, California, Fort Myers- Naples, Florida, San Francisco, California and Long Island, New York, follow behind with household incomes of more than $50,000.
And, currently the top ranking retiree markets are:
Ocala, Florida with the highest percentage of retired adults (36%)
Fort Myers- Naples, Florida (34%)
Daytona Beach, Florida (33%)
West Palm Beach, Florida (31%)
Melbourne-Titusville-Cocoa, Florida (29%)
Source
Consumption habits of aging Americans are likely very different from those of their predecessors because they are living longer, achieving higher levels of education, are wealthier, and redefining what it means to be retired.
83% of the retired adults in the U.S now own their own home
Thirty percent of retired adults have cash, stocks and CD's valued at more than $100,000, the highest figure ever reported
13.1% of new automobile purchasers are retired, compared to 11.1% five years ago. 8.3% of adults who have a car loan are retired, compared to 6.4% five years ago, an increase of nearly 30%
16% of adults who frequently stay in hotels are retired, compared to 14.7% five years ago, a jump of almost 10%
Among frequent beer consumers, 13% are retired, compared to 11.3% five years ago
Adults who are retired are 6% more likely than the average U.S. adult to frequently dine out at a full service restaurant and retirees now make up nearly 20% of all adults who frequently dine out.
14.3% adults who plan to take an ocean cruise in the next year are retired.
Nearly one in five adults who plan to have lasik eye surgery are retired, and are 5% more likely than the average adult to be planning a lasik eye surgery procedure.
The report further reveals that adults who are retired today compared to the average U.S. adult:
Spend nearly 30% more time watching broadcast TV, 14% more time watching cable TV
25% more time reading a daily newspaper
Retired adults today spend only 89 minutes per day online, a figure that is 26% less than the average U.S. adult who spends 123 minutes per day online.
The next generation of retirees, though, is expected to be more computer and internet friendly, since Baby Boomers between the ages of 45 and 64 spend a considerably higher amount of time online - 123 minutes per day.
The most affluent retirees can be found in larger markets such as Washington, D.C., where the average retired adult earns $64,000 in household income.
San Jose, California, Fort Myers- Naples, Florida, San Francisco, California and Long Island, New York, follow behind with household incomes of more than $50,000.
And, currently the top ranking retiree markets are:
Ocala, Florida with the highest percentage of retired adults (36%)
Fort Myers- Naples, Florida (34%)
Daytona Beach, Florida (33%)
West Palm Beach, Florida (31%)
Melbourne-Titusville-Cocoa, Florida (29%)
Source
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