If you would like more information about this practice and to know your choices about not having this information used by these companies, please contact the Network Advertising Initiative (NAI) at (207) 467-3500 or www.networkadvertising.org.
“Over-the-hill” in Corporate America is getting a lot younger. There are many more Americans turning 55 in recent years than turning 25. Many of the 78 million Baby Boomers are asking the question, “What am I going to do with the rest of my life?”
These later-in-life career changers don’t care about taking it easier and often will work as hard or harder than they did in the jobs they left behind.
As Bernard Baruch once said, “Age is only a number, a cipher for the records. A man can’t retire his experience. He must use it. Experience achieves more with less energy and time.” Knowing who you are and whatyou want to achieve in your second career matters.
Deep in a forest in northern Canada, a radio crackles to life and Pvt. Mike Hunter is ordered to stand down and return to base. Pvt. Hunter, of this Canadian army training exercise, is aged 79, and on maneuvers.
Old soldiers never die. In Canada, some don't want to retire either. Retirement is not for everyone; it is perfectly alright to work until you die, if that is what turns you on.
For example, Roy realized that there would be bloodshed if he hung around the house with his wife all day. He was lucky: he found part time work, a 20-minute drive from home. When he was asked, "Why not retire?", he would give the same answer every time. "Work keeps me alive."
Joanne, a 68-year-old woman, worked doing odd jobs for her friend's real estate company. When she had free time, she enjoyed playing golf and spending time with her husband. After taking a six month trip across the USA, she said, "Now it is time for me to get to work." And she was off, happy and focused on the present.
What these stories illustrate is that work plays more than just a monetary role in our lives. It helps us feel connected within society. It gives us a focus for some of our energy. It helps us feel a sense of worth and value, and sometimes it is our identity.
What people come to realize is that the ideal situation is a balance of work and leisure with the shift moving heavily into leisure (if you can afford it). If we have our health and if we have developed leisure activities, we can greatly enjoy old age.
Today's business environment has begun to appreciate the knowledge and contribution that older workers bring to the workforce. There is no reason that an older individual cannot make substantial contributions in less strenuous positions to almost any business well into their 70s and, for some individuals, even longer.
When it comes to your work, is it time to move on?
Millions of Americans in their 50s and 60s are delaying retirement and holding on to jobs they have done for years. Many, of course, need the money. But many others say they simply enjoy—even love—what they do. And if that’s the case, why not stay?
The answer: Because jumping ship—even if jumping would seem to make little sense—could be the best way to remain productive, happy and healthy into old age.
The phenomenon of delayed retirement is well documented. Average retirement ages are climbing, and nearly half of baby boomers say they expect to work until age 66 or beyond, according to Gallup Inc. polls.
For the most part, that’s good news, according to academics and financial and health-care professionals. Continuing to work in some fashion as we age can benefit mind and body, as well as beef up undersized nest eggs.
But these same experts, and many older adults themselves, are discovering a downside to remaining at the same desk year after year—a tendency toward complacency, coupled with a reluctance to ask tough questions.
For example: Am I working because I truly love what I do, or am I simply afraid of change? Do the best and brightest staffers want to work with me, or do they see better opportunities elsewhere? Am I continuing to learn something new about my work and myself, or am I plowing the same ground again and again?
“Especially if you have been successful at what you have been doing, you start repeating yourself,” says Sherry Lansing, age 70, who walked away from a job she loved as chief executive of Paramount Pictures’ Motion Picture Group and now runs a foundation.
“You have done it and you know how to do it, and that’s comforting. But if you repeat yourself, the highs aren’t as high and the lows aren’t as low, and you start to lose that passion.”
Most who fall into the Millennial/Gen Y demographic grew up hearing their helicopter parents tell them over and over that they are special, that they could be anything they wanted to be. And they tried to help them by praising everything they did whether the Millennial deserved it or not.
When it comes to thinking about a satisfying career, there are three critical factors, where you need all three to have a fulfilling career: Passion, StrengthsandMarket. Of course, finding a career that satisfies all three conditions isn't easy.
Pew Research did a survey and found that 30% of college students pick majors that may satisfy their passion and skills parts of the equation, but have very poor job prospects.
By completing one or more confidential self assessments in the area of personal concern, you may discover a number of things about yourself. Knowing how you impact others can establish solid beginnings for developing productive relationships. Assessments can provide information to you on "Who am I?", "How others see me?" and "How do I relate to others?"
For a new generation of workers, the idea of seeking out a single career confidant is as old-fashioned as a three-martini lunch. One approach is “peer mentoring,” a gathering of like-minded individuals who can offer guidance for one another, much like Facebook (FB) Chief Operating Officer Sheryl Sandberg’s “lean in circles.” Younger workers are in pursuit of a sponsor, the preferred academic term for a mentor who goes beyond advising to actively promoting an underling. Several studies have found that sponsorship can be effective for securing better compensation, faster promotions, and job satisfaction.
Now there is an ever-changing age of economic uncertainty and constant adaptation. Promote Yourself offers a practical guide that breaks down the hard, soft and online skills that Gen Y workers need to build a strong network, create their own jobs and get ahead in their careers.
As Baby Boomers age, student loan debt is likely to become a bigger problem.
Some 4.7 million Americans in their fifties owe education debt, up from 2.3 million in 2005, and the total amount is three times as high as it was nearly a decade ago, according to the Treasury Department.
More than 2 million Americans age 60 and older are carrying student debt, up from about 700,000 in 2005, according to the Federal Reserve Bank of New York. The debts are from old loans and more recent ones that older Americans take to go back to school or pay for college for their kids.
In total, this group has $43 billion in unpaid loans, five times what they owed in 2005. The average debt also has risen by more than 60% since 2005, to around $20,000 per borrower older than 60.
The government has the power to seize portions of the pay or Social Security checks of those who've stopped paying their federal student loans. It can also confiscate tax rebates. Borrowers can negotiate a repayment plan with the government to get out of default.
From January through July of this year, the government withheld money from the Social Security checks of 140,000 people, according to Department of Treasury data. A decade ago, a third as many seniors lost part of the benefit to pay off loans.
One delusion common among America's successful people is that they triumphed just because of hard work and intelligence.
Too often, wealthy people born on third base blithely criticize the poor for failing to hit home runs. The advantaged sometimes perceive empathy as a sign of muddle-headed weakness, rather than as a marker of civilization.
In effect, we have a class divide, creating a vastly uneven playing field, and one of its metrics is educational failure.
This crisis in working-class America doesn't get the attention it deserves, perhaps because most of us in the chattering class aren't a part of it.
Rand Paul said, before a small gathering of the Rotary Club in Shelbyville, KY, "I think the war on drugs has had a disproportionate racial outcome. Three out of four people in prison are black or brown. White people do drugs too, but either they don't get caught or they have better attorneys or they don't live in poverty. It's an inadvertent outcome, and we ought to do something about it. As s Christian, I believe in redemption. I believe in a second chance. I think drugs are bad. I think even marijuana is deleterious. However, a 20-year-old kid who does make this mistake ought to get his right to vote back, ought not to be locked up in jail for 10 or 15 years."
In fact, the proliferation of mobile technology seems to be eroding away at the very notion of “normal business hours.” Some 60 percent say their employers already expect them to be accessible during off hours, while 70 percent work up to 20 hours or more outside the office each week. Roughly one-half of Millennials surveyed say flexible work hours and the freedom to work from any location would improve their work/life balance.
“It’s no surprise that Millennials are highly dependent on mobile technology to support flexible and productive work habits,” said RingCentral President, David Berman. “The vast majority seem to expect to use their own devices for work, rather than the company providing it for them. That creates a bit of challenge for companies that have to find a way to deal with BYOD as part of their business phone system.”
“In a global economy where business is conducted around the clock, it’s reassuring to employers that Millennials are so willing to be available on a flexible schedule and use their own devices to do so,” Berman said. “But, that means it’s our responsibility as employers to provide them with accessibility, solutions, security and freedom to work how and when it’s best for them and the company.”
The online survey was conducted in early 2014 within the United States by Survey Monkey on behalf of RingCentral. It was completed by individuals age 18-32 from 346 businesses of all sizes. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated.
Looks like your mother was right when she told you to sit up straight.
Health-care practitioners from physical therapists to surgeons to psychologists increasingly take posture into account when evaluating patients and offer tips and tools for improvement.
It's important for maintaining good alignment, with ears over the shoulders, shoulders over hips, and hips over the knees and ankles. Body weight should be distributed evenly between the feet.
Seated posture, especially while using a computer, is critically important and deserves more attention, experts say, in part because it can affect a person's posture while standing and walking. Experts say it is essential to think about posture while walking, getting up out of a chair or using a cellphone or tablet.
The hunched-over position of the typical electronic-device user is of particular concern.
Because poor posture can often be caused by obesity or weak muscle tone, correcting it isn't a quick fix for many patients. Even for people in good shape, bad posture habits can be so ingrained that it takes constant vigilance to improve them.
One in five people in their 20s and early 30s is currently living with his or her Baby Boomer parents.
60% of all young adults receive financial support from them. That's a significant increase from a generation ago, when only 1 in 10 young adults moved back home and few received financial support. The common explanation for the shift is that people born in the 1980s and early 1990s came of age amid several unfortunate and overlapping economic trends.
Those who graduated college as the housing market and financial system were imploding faced the highest debt burden of any graduating class in history. Nearly 45% of 25-year-odds, for instance, have outstanding loans, with an average debt above $20,000.
These boomerang kids are not a temporary phenomenon. They appear to be part of a new and permanent life stage.....and.....represent a much larger anxiety-provoking but also potentially thrilling economic condition that is affecting all of us.
We are living not simply in an unequal society but rather in two separate, side-by-side economies.
For those who crack the top 20%, there is great promise. For those at work in the much larger pool, there will be falling or stagnant wages and far greater uncertainty. A college degree is no longer a guarantee, especially for those who graduate from lower-ranked for-profit schools. If they want to make it to the top 20%, they now need to learn a skill before they get a job.
Source: The New York Times Magazine, June 22, 2014
“The game is rigged and the American people know that. They get it right down to their toes.” That’s Elizabeth Warrentalking, the former consumer advocate and law school professor and now a Democratic senator from Massachusetts.
Her new memoir, “A Fighting Chance,” discusses one of America’s biggest challenges: how to level the playing field so that Main Street doesn’t always come second to Wall Street.
Ms. Warren was on the scene for the aftermath of the financial crisis of 2008, when she became the chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, which carried out one of the government’s major bailout deals. In her retelling, we watch as the banks that caused the crisis receive special treatment and costly rescues while troubled homeowners get little or nothing.
The Congressional Oversight Panel, she writes, “couldn’t change a system that seemed hellbent on protecting the big guys and leaving everyone else by the side of the road.” To Ms. Warren, the message was clear, if startling. “Millions of people were getting tossed out on the street, but the government’s most important job was to provide a soft landing for the tender fannies of the banks,” she writes.
Today, of course, Ms. Warren is no outsider in Washington but she still brings that mind-set to her work. “I came to the United States Senate late in life,” she said. “I didn’t shape my life around how I could run for office and how I could have the maximum number of donors or allies. I came as a continuation of the consumer work I had done for 25 years. That work was the outsider’s work.”
A best-selling book written in 1972, "The Captains and The Kings," was targeted to young Baby Boomers to help them understand the political health of their country and what they must do to get the country back on track.
This book is dedicated to the young people of America, who are rebelling because they know something is very wrong in their country, but do not know just what it is. I hope this book will help to enlighten them. The historical background and the political background of this novel are authentic. The "Committee for Foreign Studies" does indeed exist, today as of yesterday, and so does the "Scardo Society," but not by these names.
There is indeed a "plot against the people" and probably always will be, for government has always been hostile towards the governed. It is not a new story, and the conspirators and conspiracies have varied from era to era, depending on the political or economic situation in their various countries.
But it was not until the era of the League of Just men and Karl Marx that conspirators and conspiracies became one, with one aim, one objective, and one determination. This has nothing to do with any "ideology" or form of government, or ideals or "materialism" or any other catch-phrases generously fed to the unthinking masses. It has absolutely nothing to do with races or religions, for the conspirators are beyond what they call "such trivialities." They are also beyond good and evil. The Caesars they put into power are their creatures, whether they know it or not, and the people of all nations are helpless, whether they live in America, Europe, Russia, China, Africa, or South America. They will always be helpless until they are aware of their real enemy.
President John F. Kennedy knew what he was talking about when he spoke of "the Gnomes of Zurich." Perhaps, he knew too much! Coups d'etat are an old story, but they are now growing too numerous. This is probably the last hour for mankind as a rational species, before it becomes the slave of a "planned society." A bibliography ends this book, and I hope many of my readers will avail themselves of the facts. That is all the hope I have.
Now 50 years from the death of JFK, Baby Boomers are the best educated of all former generations. However, they need to read or re-read "Captains and The Kings" to better understand how their country is being weaken through politically created wars throughout the world and inflationary monetary policies that endanger the American Dream.