Mar 27, 2013 2:39PM
For all the boomer working past 65, you will be comforted to know CONGRESS drags in about $175,000 annually for a part time job.  You will also be comforted to know the American family living on one wage earner's minimum salary yearly wage of about $15,000 would like a steak too, but won't get it.  I am sick of the government of this country!  Yes, I am sick of the government of the United States of Ameica! Every last one of them should be put out of office and forced to live under a bridge!  NOTE TO CONGRESS **** YOU ARE NOT WORTH 44 TIMES THE SALARY OF A MINIMUM WAGE EARNER ***  In fact, you are not worth anything!   You've done almost nothing!  You shold not be allowed to set your own wages and benefits! Americans, we need to stick together against these thugs!
Mar 26, 2013 10:35PM
Social Security retirement age is now 66, not 65.

The money that I have paid into Social Security, plus employer contributions, adding simple interest over the last 40+ years, placed in an individual retirement account would have yielded me nearly $1M today.  Since the government, both repubs and dems have chosen to steal that money for other purposes I will probably be homeless when I do reach 66 with a few thousand dollars per year in Social Security benefits, if any.

Mar 27, 2013 8:47AM
Where I work we have to put the "Old Guys" on jobs we need to be sure are done right.  They still have a strong work ethic.  The "most" of the young guys are just here for the paycheck and the break-time joint in the parking lot.
Mar 26, 2013 8:23PM
This article tends to put a negative light on employing  older workers. So why did most employers and the Social Security Administration push so hard to raise the minimum retirement age?  
Mar 26, 2013 8:28PM
Mar 26, 2013 7:58PM
In  order to survive you do what you have to do.  Sometimes it is better to keep your mouth shut until the younger ones figure it out.  It is a fine balance between mentoring coaching and being quiet.
Mar 27, 2013 7:20AM

Laid off at 55 - 59 in May and still badly- horribly underemployed last 2 plus years.

Sorry but no hope other than living to age 62 and grabbing the early retirement I am entitled to.

Man my "Dorian Gray" moment came way too fast!

I am no fool thinking I can work or WANT to at 66 or more!

How do I even know I will make 62?

So there is my logic and what happens at that time happens and as Marines state  - You Improvise- Adapt- and  Overcome!

Its going to be all about moving to lower cost of living area with affordable housing (Buffalo NY- Ok thats my choice -go find your own-they are out there) and getting some part time $ to supplement (probably in my new role as a low paid no benefits security guard and thankful for it after so much rejection and no response to hundreds of resumes sent).

Sorry for the length- ya still with me?

Honestly as we come upon decision time its more about lifestyle than age.

Have a plan-thats a huge plus.

My wife and I will get through- There is no other choice.

I'm not sure how most piss their money away, but its 62 and a wake up and I'm out of the work force.  I don't make a ton of cash, but I have always fed the 401K and savings account first.  A house is not a revolving line of credit to tap whenever you want the latest fad.  Its a place to live and your mortgage is a liability to be paid off ASAP.
Mar 26, 2013 8:55PM

Get use to reading why working until you drop dead is the in thing.


I am still watiing for Hooters to call me back.

I had long since determined that I wont need to worry about a retirement fund.  Due to some life changing experiences (my ex tried to kill me in full view of our four kids) I had to start over at age 42.  I make my last house payment at age 72.  Nope ... retirement will not be happening for me.  I still PAY INTO the retirement account in the hope that, should something unfortunate and unforseen occur I will have something.  Meanwhile, the ex is drawing disability, paid for by the witholding that those who have no choice but to contribute have taken from our earnings before we ever see them.  Remember that anyone who ever promised you fair in life, lied.  Life is not fair - get over it.
Mar 27, 2013 8:29AM
I have 20 years to go until I can retire and damn it looks bad. First is the cost of living at its current rate does not leave a chance to save for retirement so you think well at least I have SS but then you see they want you to work until you are 70, so pay in for 54 years and collect for 10 if your lucky. This is not a democrat or republican problem it is a spending and tax problem not enough taxes for the spending gee real hard to figure out. Maybe we should start taxing food stamps and any other welfare at the end of the year make them claim it as income that would stop all of the lower income people from collecting more taxes than they pay in, and use the money to help SS.
Mar 27, 2013 9:10AM
I bailed at 62. I got tired of all the PC crap and all the young folks already knew everything there was to know. No point sticking around.
Mar 27, 2013 9:42AM
I'm 76 and still working a full-time job 9 months of the year.  I feel very lucky to be healthy enough to handle a job requiring lots of detail and computer work.  (2 sick days in 21 years)  I know that sometime in the near future I'll have to retire, but I'm not looking forward to it.  I like my job and love the people I work with.  My husband and I could live on SS because we have no debts and live simply.  However, we have 14 grandchildren and several greats.  Some one of them always needs tuition, car repairs, braces, etc, etc.  It's a pleasure to help them out and also to have funds to travel and have fun during my time off.  If I die while still working, it's OK with me because I got to do something I love.
Mar 27, 2013 8:52AM
it is very sad but true,but to all of my fellow over the Hill Gang as some want to call Us, there will be a Light at the the End of the Tunnel,  ,i attended a  class this past year in Dallas and one of the classes covered the past 4 generations, the present being the Y generation, short story is they are nothing like the X or US  Baby boomers and there Agenda for work and life is no were even close to the values  we  worked with, all they want to do is play on the computers and be a Boss, and that is fine and dandy,there is a shortage of Blue  Collar workers ,and it is going to get worse , and when The Company's final see what has happened to them there will be a a Demand for that only  We the over the Hill Gang will be able to fill in the work force,.....Everyone  check it out. check with your local school system, they have realized  what has been going on and now the are starting to bring  Shop, auto classes, and so on back in the school system, and the reason is that that not everyone can go to college like we were told ,some one has to work and they are now seeing it,,,,,,,,well all i can say  is  you have a Trade with a License  keep it current and any and all certification's when it starts , and it will ..that you will be in the position not only to get the Job but you will be able to  get the Money that you deserve.......There is Nothing  Out there to take the place of know the old saying, be careful who you  Piss on to day, they might be your Boss tomorrow........they will need us. and when the time comes.........they will show US the MONEY...more than before...............Good Luck and GOD  BLESS
Mar 27, 2013 1:20PM
I was laid off in late October.  It's hard to find a job at age 63, so I have decided to retire early as I will be 64 soon.  Fortunately, I did think this out and have another means of making money, but I don't have any health insurance.  Employers don't want older workers.  Younger people don't want older people taking up the jobs.  So, we're stuck between a rock and a hard place.  I'm glad I had a Plan B because Social Security doesn't pay much, even though I have worked since before I left high school and probably paid in a gazillion dollars by now.  My friends, please start making retirement plans while you're healthy and able bodied.  No one thinks they'll get old and then all of a sudden - you're old!  
Mar 27, 2013 2:12PM

At Universities and many other public employers, elderly people are retiring, and then immidiately being rehired as independent contractors.  Collecting not only their State PERS, but another full salary that could support a young family.  The practice cannot be stopped in the private sector, but should be stopped in the public sector. 

In Oregon, we have a Sheriff who retired collecting a State pension of $8500 per month, then was immediately rehired and collects a new Salary of $7500 for a grand total of $16,000 per month. The practice is piggish and downright rotten.  If this massive practice was stopped, it could fix many of the unemployment problems facing America right now!!!!!!!

Mar 27, 2013 12:51AM
Hate to say it but I will be 66 in 6mos. and can't afford too retire  SS went down and  the cost of medicare went up and it is now federal law that till I die I have to pay the Gov; $114.00 + yes as long as I can work I will and pay $300.00 out of my paycheck and another $114.00 by privet check because I am over 65. make sence ?
Mar 27, 2013 8:26AM
I'm thinking if I'm lucky some day I will get to retire. Over 50 and after 2 1/2 years of unemployment, I'm now underemployed (and no benefits).  No chance for advancement in my current job and can't afford a fuel-efficient car or the gas for my current 1994 model to drive over an hour to the nearest city where I could possibly make more. Pick-up and move you say? Easier said then done .... already did that just to get the job I have now. However, I will say this ..... I'm perfectly happy in the sleepy little town where I live and my job is less than a mile from my house so I can walk to work. Lucky for me, I learned a long time ago how to survive on next to nothing. I'm perfectly content making a big pot of soup and living on it for a week.  Sometimes, less is more ..... but I certainly won't live retirement the way I saw my grandparents live retirement. My parents are retired and live comfortably but not laviously. Both nearing 80 and both still working part-time. I'll be lucky if I'm only working part-time at 80.
Mar 27, 2013 8:43AM
While I have a while (be 50 end of year) this whole thing scares me to death.  I have a 401K that I am fortunate enough that my employer contributes to and I put in an additional 100.00 a month. Wish it could be more but it seems just trying to pay the bills anymore (I am very conservative) is a chore in itself.  I would love to retire at 65 and maybe work part time somewhere.  A former co-worker at the age of 65 (wanted to work until at least 68-69) had no intention of retiring and forced into retirement due to a brain tumor so I guess you never know what you are going to be dealt.
Mar 27, 2013 10:04AM

I have already reconciled to myself that social security will not exist when I'm able to collect it. I've never depended on anyone, especially the government for any support. If my mentor, Warren Buffet can work past 65, I sure as well can. And while I have my 'toys' that I upgrade or trade in from time to time; A Donzi 60' boat, 2 Natural Art surf boards, a ton of fishing & dive gear, I have other, much more important reasons to keep working.


1- To insure my wife & kids will have proper medical insurance through out their lives.

2- To insure my wife will have everything she needs when I depart this world.

3- To insure the work we started in our community with many charitable organizations will continue well into the future after we're gone.


Besides, those of my peers and friends that have retired without a active lifestyle are now gone from this world; social security didn't save them- you have to do that YOURSELF !!!

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