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Plans to Work Later in Life and Ageism…A Growing Problem?
Senior-oriented media accounts of retirement plans for those approaching that stage of life often suggest that most Americans are likely to remain in the workforce well past becoming eligible for Social Security benefits. A good plan for many folks, given the inadequacy of savings and the longer life expectancy many can look forward to, but what if you’re forced out of a career position unexpectedly and need to hit the job market at that point?
In a post on USA Today, personal finance writer Daniel de Visé examines a tale of how ageism, the discriminatory effect of arbitrarily assuming age and performance capacity are closely related, enters the picture. Using a real-life example, he covers cases in which employees encountered a brutal job market in the wake of a late-life job search. Read his full post here.