[nascarnation]

As a boomer who got “squeezed out” 3 yrs earlier than planned, I’m a bit surprised to read this. Because among friends, relatives, and acquaintances, the early exit seems fairly common.

Ease out the higher priced experienced help and bring in cheaper talent. I think what this girl is REALLY seeing is the Baraqqi Depression at work.

[texmexis best]

I know a lot of Boomers who got the early ho too but many of them own their own businesses now.

[oh8eleven]

Because among friends, relatives, and acquaintances, the early exit seems fairly common.
Yep, I got booted at 60 y/o, two years before I planned on leaving. Many of my older co-workers got it too.
For me it was a blessing ... got one year's pay from the company and tucked it into my retirement acc't tax free.
Then I got 99 weeks unemployment, followed by early SS ... and then the birth of my first grandchild. Life is good.

[radiohead]

<Because among friends, relatives, and acquaintances, the early exit seems fairly common.

I frequent a board for academics. The new PhDs (at least in the humanities) have been moaning for years that the boomers aren’t leaving. They were promised that there would be plenty of jobs because all of these folks have to retire, but they aren’t retiring. As long as you have your mind, you can be a professor for years; it’s not like you’re digging ditches.

And when someone finally does retire, often the college doesn’t continue the line. Either they hire an adjunct or the remaining professors divvy up the work, so the new folks are still out of luck.

Just a note - a lot of the boomers are caught between children and parents. It’s not that they’re in debt, though certainly many of them are, but many are also trying to do the right thing by their parents and children. Something’s got to give, and more frequently these days, that is retirement at 65.