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Viewing entries tagged retirement

Upgrade your stock by going back to 'school'

Yes, as Carole King likes to sing, "School bells are ringing." Yet, it isn't only children and young adults who should be thinking about school. Anyone in the workforce needs to be thinking about school, as well. Yes, you can pat yourself on the back for finishing a long and arduous education resulting in a degree or diploma. However, once you enter the working world, you still need to continue learning. In this case, the term 'school' is better known as 'continuous learning' or 'professional development'. But no matter what learning is called, every worker needs to make learning a lifelong passion.

In my view, there are two colliding trends in today’s business world that we need to start paying attention to. First, we know that the pool of younger, highly qualified and experienced candidates for succession to senior leadership positions is continuing to shrink. And secondly, we know that the average median age for retirement is now 63.3 years. Thus, with the number of individuals’ right on this age cusp, businesses are at risk of losing a lot of intellectual capital. We need do to something to keep these experienced senior professionals just a little bit longer while at the same time, developing younger professionals.

I don't mean to speak disparagingly about the concept of "Freedom 55", but the dream of working hard, sacrificing and saving for early retirement seems to have fallen by the wayside.

Q. Why does it seem so much tougher to find a job today than in the past?
As published in the Winnipeg Free Press.
As published in the Winnipeg Sun.
As published in the Winnipeg Free Press.
The first group of boomers has a big smile on their face as they are literally counting the days until they can retire.
Prepare for non-financial aspects of retirement.
Age - nothing but a number?


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