Purpose and a Paycheck and the New Retirement

Small Business Labs

Purpose and a Paycheck is a new book from Chris Farrell, a leading expert on retirement and workforce issues facing people over the age of 50.  Throughout the book Farrell includes personal stories of people who’ve successfully continued working well past the traditional retirement age.

Benefit Declines Makes Self-Employment More Attractive

Small Business Labs

" The article goes on to list 21 workplace benefits that are going away, with reductions in retirement and health care benefits leading the way. Most people looking at becoming self-employed or starting a small business go through a risk/reward analysis of their choices.  We've found that corporate benefits tend to be overvalued in this analysis.     Freelance Independent workers retirement self-employment

2011 133

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Study Says Over Half of Older Workers Suffer Involuntary Job Loss

Small Business Labs

The study used data from the University of Michigan Health and Retirement Study. Key quote on those who experienced involuntary job loss: "Only one in 10 of these workers ever again earns as much as they did before their employment setbacks, our analysis showed.

2019 235

Financially Challenges Millennials Changing Society

Small Business Labs

About 875,000 more households are now made up of young adult renters than would have existed if the 2008-era trend had held steady, according to an analysis of census data by Jed Kolko, chief economist at Trulia, a real estate marketing website. Key quote: Massive student loan debt, stagnant wages, increased cost of childcare and a lack of adequate health insurance benefits may have brought an end to the American family as we once knew it.

2014 185

Lessons from a Failed Forecast

Small Business Labs

  The qualitative analysis looks OK: " a futurist specializing in workplace issues, says pressure on baby boomers wanting to retire will be so great that they will be pulled back into the labor market. Herman says the problem will be aggravated by the shortage of skilled, educated workers already occurring in manufacturing, health care, and various technical fields."

2011 149