By: Ken & Mary Gergen
Retired, But Working
Ken & Mary Gergen
November 26, 2004
Kenneth Gergen is the Mustin Professor of Psychology at Swarthmore College, and his wife Mary is a Professor of Psychology and Women's Studies at Penn State University, Delaware County. This short article is taken from their newsletter "Positive Aging", which is published every 2 months. You can subscribe at: http://www.healthandage.org/Home/gm=22 .
Robert Griffith, Editor.
Introduction
Retirees are drifting out of work, back to work, or both, often in new jobs, or old jobs with new emphases. The notion of "phased retirement" is becoming increasingly popular with many white-collar workers. Jeri Sedlar, a consultant on senior work issues, described this and other options in her book "Don't Retire, Rewire!" A recent study indicated that 2/3 of 1,000 workers over 50 prefer scaling back their work commitments to full retirement. This desire coincides with the needs of companies to hire part- time workers who are skilled and experienced. Intel and Volkswagen, USA are among the companies creating positions with the right perks to entice such people to come to work with them.
Beyond sheer interest in the challenges and opportunities of "keeping a hand in", the financial rewards of continuing to generate income cannot be overlooked. With rises in health care costs, see-saw stock market prices, and declining interest rates on investments, extra income is a welcome windfall, and in some cases, a vital component of a comfortable life. Some executives have joined groups like YourEncore, an organization backed by Eli Lilly and Procter & Gamble to bring together executives from the biosciences, engineering and technology fields to work on special projects for companies that belong to the network, such as Merck, Dow Chemical and Abbott Laboratories. The best part about these projects, according to one participant, is the intellectual challenge that is provided.
In a landmark development, Home Depot has joined with AARP to announce a national partnership aimed at attracting and retaining older workers as full-time or part-time employees. Home Depot, the world's largest home improvement retailer, currently operates more than 1,700 stores and plans to open an additional 175 locations. In the first two months after the announcement, more than 7,500 job applications were submitted through the AARP web site, and more than 5,000 names were placed into a qualified applicants pool.
Elder Accomplishments
Counteracting the prevailing cultural bias that creativity is the provenance of the young, many periodicals now mention the great accomplishments achieved by those 60 and over. Here is a sample of some of the achievements of older people we have recently discovered:
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Related Links
AARP-Home Depot Partnership
Centenarians' Lifestyle - What Works, What Doesn't
Lifetime Engagement