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48%  
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Keyword: enditallnow

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  • Retirement age‘Ludicrous and unfair’: older workers react to pressure to delay retirement

    05/24/2025 9:52:49 PM PDT · by Cronos · 136 replies
    The Guardian ^ | 23rd May 2025 | Jedidajah Otte
    the International Monetary Fund has urged governments to encourage fit, older workers to delay retirement. Its recommendation is that people of the baby boomer generation should stay in work for longer to help balance public finances amid fiscal pressures caused by an ageing global population. The IMF said: “The 70s are the new 50s,” and released data that suggested a person aged 70 in 2022 had the same cognitive function as the average 53-year-old in 2000. Physical health had also significantly improved, the IMF found. Governments burdened with historically high levels of public debt, the IMF said, could not afford...
  • Social Security Recipients Could Soon See Their Largest Raise in Decades

    09/11/2022 9:04:19 PM PDT · by SeekAndFind · 48 replies
    Daily Trade Alert ^ | 09/11/2022 | Maurie Backman of Motley Fool
    But is that actually a good thing?Retiring on Social Security alone is a dangerous thing. That’s because those benefits will only replace about 40% of the typical worker’s pre-retirement income, and most seniors need about twice as much money to maintain a comfortable lifestyle.But the reality is that a lot of people do end up retiring solely or largely on Social Security. And it’s those same people who are apt to be the most impacted by Social Security raises.Each year, benefits are subject to a cost-of-living adjustment, or COLA, based on inflation levels. Since inflation has been sky-high this year,...
  • Toy maker Hedstrom folds, 800 jobs lost

    10/12/2004 11:09:48 AM PDT · by Willie Green · 13 replies · 1,665+ views
    Crain's Chicago Business ^ | October 12, 2004 | Bill Bregar
    For education and discussion only. Not for commercial use. Illinois-based toy maker Hedstrom Corp. has discontinued operations, shutting down six plants — including a rotational molding operation in Ashland, Ohio, and a swing-set factory in Bedford, Pa., that does blow molding. Hedstrom said it could file for Chapter 11 bankruptcy for the second time in four years. Meanwhile, local managers at the Ashland plant are interested in buying the rotomolding operation, said Martin Irvine, Ashland economic development director. “They´ve been in discussions with several different investment groups. Over the last week or so they have made offers to buy the...