Open Enrollment Update: Medicare-Eligible but Still Employed? Here Are Some Things You Need to Know

Medicare Open Enrollment for 2019 (for coverage beginning in January 2020) is winding down. Americans 65 and older have until December 7th to either enroll in Medicare or to switch from one plan to another. But what if you’re Medicare-eligible and still employed full-time, receiving health care benefits through your employer? Does Medicare affect you?…

New Study Finds Closer Alignment Between Intentions and Reality When It Comes to Working in Retirement

Here at AgingOptions we’ve reported several times (most recently in recognition of Labor Day 2019) about the disconnect between intentions and reality as people facing retirement think about work. Many surveys have shown that men and women are generally too optimistic about their ability to keep working in retirement, or about their hopes to phase…

Labor Day Weekend Report: If Working Past Retirement Age is Part of Your Financial Strategy, You May Have to Think Again

It’s Labor Day Weekend – so what better time to focus on work, which is clearly one of the most important topics of all for aging boomers? Back when our parents retired, the pattern was fairly predictable: dad, the chief breadwinner in those days, hit the magical age of 65 and retired on a company…

Are You Ready for a “Second Act”? A New Kiplinger Article Suggests Ways to Find Your New Purpose in Retirement

By now, if you’re a regular reader of the AgingOptions blog, you know that we often stress the importance of preparing oneself mentally for retirement. Too often, especially if you’ve spent decades in the workplace, a sudden transition to “life after work” comes as a shock, even for those who are otherwise well prepared for…

You Want Fries with That? Seniors are Replacing Teens in Fast Food Jobs, Bloomberg Reports

If you were managing a fast food restaurant, you would hire the best employees you could find: people who were reliable, punctual and friendly – not to mention people willing to work for minimum wage. According to this interesting article published last fall by Bloomberg, a growing number of restaurant chains are finding these ideal…

As Workers Age, Boomer Retirement is Taking Companies by Surprise –Yet Many Are Planning to Keep On Working

You’ve probably heard the familiar statistic that 10,000 baby boomers turn 65 every day. And even though many of today’s boomers are working well past 65, the fact is that the leading edge of that post-World War II population bulge is now well into their 70s. What happens as these experienced workers retire? A lot…

Retirement Age: Working til 70 May Not be an “Easy Fix” for Retirement Crisis, Study Reports – so How About 80?

A pair of recent articles on authoritative news websites have provided an interesting perspective on the question of what the “official” retirement age – as determined by Social Security eligibility – ought to be. One article quotes a study showing that the common recommendation to work until age 70 might not be possible for a…

Age Discrimination Was Outlawed in 1967, Yet It’s Alive and Well Today, New Research Finds

2017 marked the 50th anniversary of the Age Discrimination in Employment Act (ADEA) of 1967. That landmark piece of legislation made employment discrimination against anyone 40 years old or older illegal. But subsequent court rulings combined with often deceptive employment policies have left a majority of older workers vulnerable to unfair labor practices. Age Discrimination…