Age 50 is the new 65…booted from your job too soon.

moneyhouseAre you planning to retire at 50? Most people I know are not wealthy enough, nor are they ready to stop working. Has it occurred to you that your company may not let you continue working past 50 because it hurts their image?  Do you understand that if they let you go other companies may not want to hire you for the same reason?

The article below is several years old but could have been written today.  I am adding it to my blog for your review.  If you are over 50 like me this is where we sit.  If you are younger and still working, please start saving today.

I am not trying to be an alarmist. I am trying to help those that are facing this new owlreality. Discrimination is taken seriously for racism and gender bias in the workplace, but everyone, including government, is turning a blind eye to ageism.

If we continue to layoff or deny work to older workers where will it stop?  Ageism affects everyone and it is a global problem.  It does not matter who you are, what color your skin is, where you were born, or if you are a man or a woman.

Aging is a fact of life. We are forcing a large part of our population into poverty for no good reason.  This type of bias is unnecessary and damaging to our economy.

In every corner of America, millions of people are terrified of losing their jobs and falling into financial ruin. Men and women with impressive professional achievements and credentials are being let go, nudged out and pushed aside. They are pounding the pavement and scouring the job sites, but find themselves turned away even for the most basic retail jobs. Not because they aren’t competent. Not because they lack skills. But simply because they have a gray hair or two.

This is not just a story of people in their 60s or 70s. Workers as young as 50 are shocked to find themselves suddenly tossed onto the employment rubbish heap, just when they felt on top of their game. They’re feeling stressed, angry and betrayed by a society that has benefited greatly from their contributions.

As the global population grows older, age discrimination is on the rise. It could be headed for you, much sooner than you think. 

“I Got Thrown Away”…

Read more…

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