So, thanks to the suckage that is today’s economy and the mess it has made of what used to be a job market, newly graduated millennials can’t start their careers and baby boomers are forced to delay retirement and can’t end their careers . . . can you say Catch 22?
Ronald Brownstein at the National Journal discusses in political connections the upside downness of why millennials can’t start their careers and baby boomers can’t end theirs.
Fascinating – yet depressing – reading. See http://www.nationaljournal.com/columns/political-connections/our-upside-down-workforce-20110609 for the full piece.
As Sherry Saunders writes, according to the EBRI Retirement Readiness Rating many older Baby Boomers will run out of money in retirement, so working is truly a necessity with over sixty percent saying they will likely have to delay retirement completely even though they would like to enjoy retirement. See http://youngwomenmisbehavin.com/2010/08/23/to-retire-or-not-to-retire-money-is-the-question/ got her piece.