Over 50? Now what?
Posted Sun May 20, 2012 06:19 AM
Having fought the good fight all these years, raised families, paid mortgages and acquired modest living arrangements, these are times that a persons income should not be in peril and shoring up retirement funds being the prime concern. After a lot of folks have already taken a bath in retirement funds either by the market crashes or by some scam, now to be stripped of their income puts everything they have worked for at serious risk. The problem worsens for those in a situation where relocating is not an alternative.
What are these folks to do?
Posted Sun May 20, 2012 09:03 AM
Posted Sun May 20, 2012 09:31 AM
Companies think they are too expensive while fresh college students are cheap.
Posted Mon May 21, 2012 08:38 AM
Exactly my opinion too "red" but that doesn't seem to be what is happening...at least not anywhere in my neck of the woods anyway.
Posted Mon May 21, 2012 08:43 AM
Posted Sat May 26, 2012 11:56 PM
Posted Mon May 28, 2012 11:40 AM
Yes, you make some very good relative points here bandit, but on the flip side, with things as tough as they are out there, I'd be willing to bet that the over 50 - 55 crowd might be willing to take a bit less these days. Hopefully, things are getting in good order for them too, less kids, less or no mortgage, and that kind of thing so accepting a bit less can be a bit easier for some. Good move for the employer too since they might be young enough to be their kids they may actually learn something...or share the learning experience together.