The anomaly is that people in America are living 30 years longer than people in the 20th century but only working two years longer. In 2000, the average retirement age was 62, and the average retirement age in 2010 was 64. Many of the recent retirements were involuntary: the massive lay-offs between 2008-2012 because of the Great Recession, corporate mergers and consolidations, work being outsourced to other countries, increased automation, and other factors. Many were also voluntary as employees accepted attractive severance packages or just wanted to get off the corporate treadmill.
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May 11
2009
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Chapter Next: What are you waiting for?Posted by Carol Billups in second career , scuba , restaurant , real estate , Mexico , Mexican Real Estate , Los Cabos , Cabo San Lucas , bed and breakfast |






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