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Is Retirement a Thing of The Past?

February 17, 2012

Misc

Most of us have dreams of retiring some day.  What we do in retirement will naturally vary from person to person, but that dream is there nonetheless.  According to a recent survey conducted by CareerBuilder, it seems as if more and more individuals are deferring those dreams and opting to continue to work instead.

Most of the respondents concluded that they could foresee themselves retiring within the next 1-2 years.  However 11 percent of those surveyed, said they don’t see themselves retiring at all.  So what gives?

While some mature workers, will “need” to work well into their retirement years, I think what this survey is showing us is that employers are hiring more tenured and seasoned individuals.  Employers are coming to the conclusion that these are reliable individuals and individuals that they can count on being around for a while.  Contrast this to the average millenial who spends about two years on the job before moving on to the next thing.

For mature workers, they can set themselves apart from their younger counterparts by articulating what they bring to the table.  They have a world of experience and contacts that can help them get further ahead in whatever position or situation they find themselves in.

For the individuals that aren’t ready to dive right back to full time work, freelancing, volunteering and part time jobs offer great opportunities to stay in the workforce.  All of which are great options if you’re not ready to spend your days on the golf course.

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About Maro Onokpise

Maro Onokpise is the founder and Editor of Jobtrakr. He oversees all editorial content. Prior to turning his sights on the job industry, Maro was an Associate Manager for Banana Republic where he was responsible for Operations, HR and Recruiting. In 2010 Maro was featured on the cover of Career Magazine and was also named to Orlando Business Journal's 40 Under 40. Maro Onokpise is a graduate of the University of Central Florida.

View all posts by Maro Onokpise

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