More Boomers Are Becoming Their Own Bosses

Posted on 02/10/2014 by | AARP Executive Vice President | Comments

WorkDo you have a plan to recession-proof your life? A growing number of workers age 50-plus do, and it involves turning interests, hobbies or skills into a small business. Many older workers are using decades of experience and business connections to become their own bosses. These “encore entrepreneurs” bring to the effort a lifetime of knowledge. And their numbers are on the rise. in fact, from 1996 to 2012, Americans ages 55 to 64 had a higher rate of entrepreneurial …

Older Job Seekers Have Little Patience for Long Search

Posted on 02/6/2014 by | Money and Work | Comments

WorkWhen it comes to the stressful search for a job, older workers apparently have less tolerance for the process. Most either land a job or stop searching altogether within a year or less, according to a study by the Center for Retirement Research at Boston College. Those who have employer-paid pensions, retirement assets and Social Security to rely on were more likely to end the job hunt even sooner, usually within four months, the study found. In fact, just being eligible …

Obama’s MyRA Gets Early Go Ahead

Posted on 01/29/2014 by | Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsPresident Barack Obama is moving quickly to make good on his pledge to create a new “starter” savings program for workers without a retirement plan on the job. He announced in his State of the Union speech Tuesday night that he would use his executive authority to establish a so-called myRA (my retirement account) that would allow workers to direct a portion of their pay into an account that invests in government securities. On Wednesday afternoon, he signed a presidential memorandum to …

Adults 65+ in U.S. Workforce Hits Half-Century High

Posted on 09/4/2012 by | Brooklyn, NY | Comments

Bulletin Today | WorkThe number of working Americans ages 65 and older is at the highest point in nearly half a century, the Los Angeles Times reports. While older adults still make up a relatively small share of the total U.S. workforce, nearly one in five adults over 65 are currently working or looking for work, and employment in this group has jumped 27 percent since 2007, recently surpassing 7 million.

The Dilemma of the Younger Boss

Posted on 08/9/2010 by | Archived Contributor | Comments

WorkLet’s face it; as much as we may try to say otherwise, having a boss that’s significantly younger than you can often be a pain. Lots of times it works out fantastically, but being an elder to your manager can often lead to tension and frustration. Author and workplace consultant Diane L. Katz talked to AARP about how to manage your younger manager, giving folks some very useful tips like: Define expectations. Katz says you should ask upfront about the …

Counting Sheep Isn’t Helping?

Posted on 11/18/2009 by | Archived Contributor | Comments

Personal HealthThere is an interesting posting on the Los Angeles Times’ “Booster Shots” blog that talks about older patients and sleep problems – and how those sleep problems aren’t just something people have to deal with as they age. The article does say that aging does bring about changes in sleep patterns, but those changes often are related to chronic diseases – like diabetes and high blood pressure – that also happen to be more common as we age. Once those …