Many employers have instituted hiring freezes. Job postings have dropped. But that doesn’t mean you should put the brakes on your search. It’s frustrating, but one move you can make right now is to look around the edges and set-up “informational” interviews.
Look at saving as making an investment in your future self. It’s self-care. You’re saving for “living,” not “retirement.” To me, that’s a better way to frame it, especially when retirement is a fuzzy concept at best.
When something catastrophic like this happens, it’s human nature to take stock of the how fleeting and precious life can be, particularly when you have reached a certain age. We pause and ponder, is this really what it’s all about?
Changing demographics are creating a workplace that is more age-diverse than ever before. Just look around. From post-millennials to baby boomers, more and more generations are working side by side. Employers who take the right steps can leverage the multigenerational workforce as a key to success.
When we feel relevant doing work we love, with people we love, and making a difference in some fashion in the world around us, we live richer lives.
Women are starting businesses out of necessity, because they can’t find decent jobs, or are unemployed, according to Amex. Some are launching their own businesses because workforce rules aren’t flexible to adapt to their caregiving duties for aging relatives or children, or they want more power over their working lives.
Worldwide population aging is just beginning. “The world will look much older in the decades to come, and employers must adapt to this demographic shift,” Paul Irving, chairman of the Milken Institute Center for the Future of Aging
“My biggest concern is that women are still lagging their male counterparts men — even millennial women — in retirement savings as well as their income,” Judith Ward, a senior financial planner at T. Rowe Price.