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Posts Tagged ‘retirement’

Congress Considers Cutting Pension Benefits to Current Retirees

helpWe typically like to end the week on a high note with exciting job market news but alas, we need to make an exception based on the latest headline.

Congress may actually cut pension benefits to current retirees. Come again?

The proposed legislation would amend a $1.1 trillion spending bill by cutting benefits for multi-employer plans most commonly found in the grocery, trucking and construction industries. Fingers crossed media is not in there but it still negatively impacts retirees who’ve worked in industries with employers as well as unions. Read more

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Mediabistro Job Fair

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New Survey Reveals Retirement’s Still out of Reach for Workers

moneyUgh. According to a new survey conducted by CareerBuilder, 58 percent of workers over 60 years-old are saying they’re delaying retirement.

As for the good news? This is down from 61 percent in 2013 and 66 percent in 2010.

A sample of 433 full-time workers over the age of 60 and 2,201 hiring manager and human resources professionals were surveyed. Ten percent of the group revealed they’ll never be able to retire. Half of them indicated they will be able to retire in four years. This is up three percentage points compared to last year’s survey. Read more

New Survey Reveals Majority of Older Workers are Happy Workers

love my jobA new study conducted by the Associated Press-NORC Center for Public Affairs Research reveals that nine out of 10 workers age 50 or older are very or somewhat satisfied with their job!

Yes, this result deserves an exclamation point.

Regardless of gender, race, educational level, political ideology and income level, most of the participants said they are pretty darn satisfied on the job. Now, of course there were some grumblings in the report from participants who reported unwelcome comments about their age or maybe they were passed over for raises and promotions.

Let’s look on the bright side, shall we? The bulk of the report points to happiness in this demographic despite a few rumblings which is to be expected. In fact, six out of 10 survey participants mentioned that colleagues reach out to them for advice more often and four in 10 mentioned they were getting more respect at the office. Read more

Survey Shows Almost Half of 50+ Crowd Aims to Delay Retirement

moneyAnother day, another survey.

According to a survey conducted by the Associated Press-NORC Center for Public Affairs Research, 69 percent of job seekers over the age of 50 indicated there’s a lack of jobs.

Plus, 63 percent indicated it’s challenging to find jobs that pay enough and 53 percent reported it’s hard finding jobs with sufficient benefits. As for feeling overqualified, 32 percent were actually told they have too many qualifications. Read more

Four Ways to Adjust to a New Work Schedule

Maybe you’re a former telecommuter and following the footsteps of Yahoo!, your employer nixed the work from home policy. Or maybe you have a new job or your hours and assignments have changed from news desk to weekend news desk. Whatever the case, when things get shaken up, you need to roll with the punches and be malleable.

Here are three ways to do it… Read more

New Survey Reveals Many Americans Believe 80 is New Retirement Age

If 65 is the new 40, then 80 is the new retirement age. Or something like that.

When we read the following statistic, our jaws kind of dropped so if yours does, too you’re not alone.

According to a piece in Forbes, a growing number of middle-class Americans say they’ll need to work until they’re at least 80 years-old to comfortably retire!

This is based on a new Wells Fargo study which revealed 30 percent of survey respondents felt this way. More than half of respondents indicated their biggest financial concern is paying monthly bills. As for their second concern? Saving for retirement.  Read more