Workers Over 65 Today, many workers who hit retirement age are opting to keep working. Many factors contribute to this fact: economics, changes in retirement age, continuing need for personal achievement, and employers' need and desire to keep older workers on the job. In today's economy, many workers simply cannot afford to retire (Hawthorne, 2003). At the same time, the age for eligibility for Social Security retirement benefits will eventually climb

Many of them who have worked for 20 years as nurses have gone up the managerial or corporate ladder. More and more nurses have chosen more paper work and less patient care by becoming supervisors, administrators and nursing directors and then retire or else proceed to another career if they are not yet retiring (Benjamin). Compounding the problem of shortage were a lack of surgical educational content and clinical experiences

Retirement Options Almost one-third of American workers are failing to prepare themselves for a comfortable retirement, according to a new survey conducted by American Express. The national telephone survey of working adult men and women who had recently left or lost their jobs revealed that 30% did not invest for retirement in their company's 401(k) plan. The survey also revealed that 16% of these participants rolled their money into an IRA, and

As Geisel (2004) notes: Income-tax deductions are worth the most to high-bracket taxpayers, who need little incentive to save, whereas the lowest-paid third of workers, whose tax burden consists primarily of the Social Security payroll tax (and who have no income-tax liability), receive no subsidy at all. Federal tax subsidies for retirement saving exceed $120 billion a year, but two thirds of that money benefits the most affluent 20% of

Another possibility is to allow companies to convert traditional defined-benefit pensions, which encourage retirement as early as age 55, to cash-balance plans, which have no built-in incentives to retire. Perhaps the most controversial idea is to break the typical link between pay and seniority. As more people work into their late 60s and 70s, pay should be adjusted to match how much people work and what they accomplish on

They dropped back slightly to 1.5 million in 2002" (Mason-Dreffen 2003). Those increases occurred despite the fact that age discrimination can be difficult to prove, although the Supreme Court had eased the plaintiff's burden of proof (Ormsbee 2002). Song 2001 University of California at Davis professor of computer science, Dr. Norman Matloff, noted that in the IT world, "old" can begin at age 35. In addition, "The market has become