Went to a site visit at one of my company’s plants and saw a familiar face.
Bob retired 10 years ago,
but he is back now working as a new employee at age 70.
I see it all the time.
“On average, Americans have saved only seven percent of their desired retirement nest egg, with a median of $25,000 saved versus a median retirement goal of $350,000...”
Wow! I retired at 55 ten years ago... I had three times that. I have more now than when I retired (except for my house. That has gone down in value.
Having been a factory foreman, I personally would prefer older workers for light factory work. They don’t expect $20 an hour for a $7 an hour job. The come to work on time every day. They don’t even consider the possibility that talking on the phone while working is OK.
The factory I used to work for recruited some very elderly people from a retirement village for light assembly work a couple days per week and they were great. We just gave them chairs and parked them around a table to work and they did great. We had a guy who was 87 years old. He said it beat sitting in his apartment watching everybody else getting old.