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Reply to "What do people do when a serious downturn happens 5 years or so before retirement?"
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[quote=Anonymous][quote=Anonymous]Work longer. That's the answer. [/quote] It isn't if your industry doesn't have part time jobs or they can only be had if you are self employed with a list of clients lined up. Many retired seniors already work, but let's be realistic. In professional field nobody is eager to hire older people with health issues, needing extra time off, not being spry and energetic. People who had already worked multiple decades, especially women who also raised kids while working full time, are burnt out. As it stands, a lot of seniors get low paying low point of entry part time service jobs (as cashiers, greeters, in restaurant industry, retail, etc). It's great if you are healthy enough to do this even part time, but a lot of people over 65 are simply not healthy, which is another issue. I am sorry, but we aren't 1st world if we insist people who aren't born into wealth and haven't accumulated millions have to work till they drop dead. [/quote]
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