The future of work for perennials

[digitS']

This morning, a story about "perennials" caught my eye.

Turns out, it's a story about oldsters ... LINK And, the story is partly about CVS Pharmacy employees! This after one of the first times this year that I had taken Tylenol for some aches and pains in my arms ... I then walked my indoor mile for 30 minutes. Okay, I know I'm using my legs for that but the arms, they've been bothering me! Hopefully, the Tylenol will work well enuf that I'll feel that it was worth bothering with.

"The aging of the workforce is in part driven by employees who want to keep working—or at least, to keep earning—well into their 70s and even 80s."

Weeelll, we can try. Ya know, about those "perennials:" I'm a little concerned that they aren't just talking about the Boomers and older. I was noticing a guy on teevee yesterday (at GHWB's funeral) and thinking how much he has aged since the last time I had seen him on the tube. Dang! He's only 18 months older than my first-born (a Gen X'er)!

Steve

 

[Rhodie Ranch]

I was shocked at how old Bob Dole looked. But time does slip away....And now that I'm getting a surprise divorce, I'll be entering the workforce again. I'm not eligible for my SS until 66 yr and 2 months, and since I'll be turning 64 this March, I've got a ways to go.

 

[so lucky]

I was shocked at how old Bob Dole looked. But time does slip away....And now that I'm getting a surprise divorce, I'll be entering the workforce again. I'm not eligible for my SS until 66 yr and 2 months, and since I'll be turning 64 this March, I've got a ways to go.

Has the age for starting Social security raised? I thought it was 62.

 

[seedcorn]

66 is when you are 100% vested. Otherwise penalties.

 

[digitS']

Graphics can help. Sometimes working with numbers reminds me of a game of pick-up-sticks.

There are two simple charts here:

~ LINK ~

Steve

 

[flowerbug]

it is a guess as to how long we shall live, so hard to say when it is best to sign up.

in my own case i will probably sign up as early as i can because i have not put much in and so it won't make much difference overall in what i get back.

this may change in future years (like if i go back to work for some reason).

 

[Zeedman]

I think that the decision to keep working is influenced by financial security (or lack of), and quality of life. Some will find it necessary to keep working, if Social Security is their only income. Others may wish to earn extra money for travel, to help their children or grandchildren, or to increase savings for the future. When I retire in a few years, I'll probably keep working part time, or volunteer somewhere, just to stay active & socially engaged. That will depend, of course, on whether DW & I are still healthy. The best laid plans...

 

[digitS']

Dad retired at 62.

For about the first 6 months, he didn't seem like a very happy guy. Then, he went back to work. It was part-time and seasonal. He was mostly working with horses and really enjoyed it but didn't continue with the job part more than about 2 years. He continued messing with the horses awhile longer.

This was the second summer that my neighbor has been back to work. Here it is December and he is still at it. He's a little younger than I am and was retired for only a year or two. It was comical when he went back.

We both tended to be out early on summer days, then he retired. All quiet at his house, early. His first day back at work, he set off his car alarm! I'm not sure that he didn't do it deliberately . I was outdoors but it sure surprised me! Right at 4:20am just like the old days, then he shot off down the road - 4 days a week.

I think he may be working 5 days a week, right now ... It's surprising again and I can't keep track of him. Weekends and afternoons, he disappears inside his house. Just hope that he isn't burning the candle at both ends ...

Steve

 

[flowerbug]

i think my Dad really regretted retiring when he did. he's not done much that he really enjoys doing since then from what i can tell. i know he's been rather stuck taking care of my step-Mom and doesn't feel like he can get far from her that often. he did have a boat and liked to fish, but it was too much for him without having someone around to help or to go with him.

Mom took a few weeks between when she quit her trucking company job and when she found a nanny job that she did for about 7 years - once that ended she's been busy with the gardens, cooking and her quilting so not much down time for her. she did admit to me the other day that she's thinking of backing off on the cooking for other people stuff so we'll see how that goes. not today though, we're making mac-n-cheese with bacon and i'm not sure what else yet.

 

[digitS']

Careful with the jalapeño in that Mac & Cheese, @flowerbug ! We had to go to the store for those cottage cheese/pistachio/pineapple salad ingredients to eat, just about bite for bite, when I made Mac & Cheese last time ..!

Generations ... There is a term "sandwich generation." I was sharing with Dad's nurse/caregiver something about my cousins telling her that absolutely none are under-50. Several are in their 80's. The second youngest is about the most outgoing and maintains some contact with others. She is also disabled and has trouble getting around because of an accident. She is also several times a grandmother.

Some cousins on Dad's side, I have never met ... just as I never met all of his brothers. My brother has never gotten along with the cousin probably closest to his age and closest geographically. I mean, he seems to have hated him since his pre-teens!

I was just watching a pbs show. The host is kneeling to demo his work. Then he stands holding a large hammer - not very gracefully! "Put that extra weight down when you are trying to stand up, Roy. Pick it up later." Dang tho, he looks fit for a guy who started on that show in the 70's!

Steve