This Week's Herman Trend Alert Access to Healthcare Information Saves Lives

The Herman Trend Alert October 9, 2002 No More Retirement Retirement, as we know it today, is disappearing. Until recently, most people have invested their working lives with the objective and expectation of retirement in their fifties or sixties. The dream had been to spend time traveling the world, playing with grandchildren, or just doing little chores around the house. No more working for someone else; all your needs would be paid for with the money saved for retirement years. A number of factors suggest that we are seeing the end of this kind a retirement picture. Instead, people will continue to work, at least part- time, for many more years. Relatively few people will enjoy full retirement, but many will find new ways to enjoy partial retirement---a different kind of slowing down. Older workers will remain active in the workforce-on a part-time or full- time basis-into their seventies or later. Some will remain in their career positions, staying longer than they ever imagined they would. Others will retire from their career positions and move into other jobs in the same or different fields. A number of "second season" workers will leave employment to start their own businesses. With the average life span in developed countries now almost eighty years, someone "retiring" at 55 has another twenty years of career life available. There will be a critical need for mature workers. Their wisdom and experience will hold high value for enlightened employers eager for reliable, stable, productive employees. The labor shortage (see www.impendingcrisis.com) will create all sorts of opportunities for talented seniors. Respected for what they have already accomplished, many will serve as coaches or mentors to younger colleagues. Personal values will inspire many 50+ workers to continue working. This generation has a core value of being productive members of society. Stopping work may be in conflict with that value. Retirement will be out of the question for those who have not saved enough to pay their way. They'll have to continue working to pay the bills. The stock market drop made this decision for a lot of retirement-bound workers. Shifts in retirement will change many lives. © Copyright 1998-2008 by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." DON'T GAMBLE WITH YOUR COMPANY'S FUTURE Many jobs have been open for months or even years, because some skilled workers have become impossible to find. Join us in Las Vegas and learn the low- and no-cost solutions to this workforce crisis. Help your company recruit and retain the talent it must have to survive. Recertification credit from HRCI. Next Employee Retention Specialist(TM) Program: September 9-10. Call Carol at 336-282-9370 or visit http://www.employeeretentionspecialist.com. LOOKING FOR A DYNAMIC KEYNOTE SPEAKER TO INSPIRE YOUR PEOPLE? Joyce Gioia (joy-yah) is an inspirational futurist who freely shares her knowledge and expertise about talent engagement and retention with business executives around the globe. Her understandings and insights will inform and fascinate you. For more information, call Carol McKinney at 336-282-9370 or visit the web site at http://www.hermangroup.com/joyce.html for more information on Joyce's calendar and her topics. WANT TO BE RECOGNIZED AS AN EMPLOYER OF CHOICE®? Our effective, onsite seminars, workshops, and consulting can help you get there. We can offer 1-, 2-, 3-hour, and full-day programs to help you communicate what it takes to become an Employer of Choice® and inspire your folks to get it done. We've helped others; let us help you. Call Joyce at 336-210-3548 to schedule a no-obligation conference call. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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