Top Product Ratings:  TVs  |  Digital Cameras  |  Washing Machines  |  Vacuum Cleaners  |  GPS  |  SUVs  |  Car Seats  |  Strollers
| More

January 2, 2009

A little good news for retirement-age workers

We’ll take all the hopeful economic signs we can get these days. So here’s one for the prospective retirees out there.

Twelve percent of employers say they’re likely to provide incentives in 2009 for workers at or near retirement age to stay with their company longer. Another 17 percent say they’re likely to rehire retirees from other companies. This comes from a recent survey by Harris Interactive for CareerBuilder.com.

While those numbers could certainly be larger, they’re a positive sign that (a.) not all employers have lost their minds and (b.) people who want or need to stay in the workforce longer may have an opportunity to. As we noted even before the unfortunate events of 2008, working longer has financial advantages worth weighing before you turn in your employee i.d. and skip out the door. —Greg Daugherty

Greg writes the “Retirement Guy” column each month in the Consumer Reports Money Adviser newsletter.

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a Comment

All comments are reviewed by our moderators, and will not appear on this blog unless they have been approved. Comments that do not relate directly to the blog entry's contents, are commercial in nature, contain objectionable or inappropriate material, or otherwise violate our User Agreement or Privacy Policy, will not be approved. Approved posts generally appear within 24 hours of receipt. For general inquiries not related to this blog, please contact Customer Service.

Nobody Tests Like We Do

Our testers put 100s of products through their paces at our National Testing and Research Center. Learn more about how we test for:

  • Performance
  • Safety
  • Reliability