When Social Security was created back in 1935, the life expectancy for males was 58 years old, while the life expectancy for women was 62. However, the age chosen for retirement was 65. The idea was that hardworking Americans would spend their lives paying taxes, yet they would not live long enough to receive their benefits. Today, the average individual is expected to live to at least 78.7 years of age. But even though life-expectancy has extended, the retirement age has stayed the same, and now many people are either still retiring at (or before) 65 and running out of money, or are working well past retirement age. Whatever you’re situation, chances are that you’re not able to enjoy the benefits of retirement either. However, instead of trying to beat the system, you can just join them. Below are a couple of tips on how to make working past retirement age more fulfilling – and yes, more fun.
With Medicare and Social Security on the verge of going broke, raising the retirement age is one of the most efficient ways to help these programs become more sustainable. However, many of you may find that you’re meeting resistance in the workplace. One of the most common problems that we hear about is the clashing of interests and ideals. In an environment where the age gap can be up to 50 + years, it is crucial to productivity for every member of the team to strive for open communication and to keep an open mind when it comes to other team member’s ideas and interests. Doing so on your end can mean a whole new set of open doors for you in the workplace.
Along similar lines of clashing ideals, corporate culture conflicts could arise if the competitive landscape forces the company to reinvent itself. Though you may have adapted to the existing culture, if you’re resistant to change, you may have a hard time adapting to the newer culture, which was created specifically for taking the company in a new direction. In today’s world, keep an open mind, and you’ll find that going in a new direction with your old company can be just as exciting as a trip to the Bahamas.
If you are of retirement age and still working, follow the above advice for a more gratifying working experience. However, if you are retired but struggling to pay the bills – we can help you in the best way we know how: We help you find the health coverage you need, save you money and find tax breaks, all for free. See how we can help you at our website.
Wiley Long is founder and president of Medigap Advisors, and is passionate about helping people navigate the confusing waters of Medicare. He is the author of The Medicare Playbook: Designing Your Successful Health Coverage Strategy, a clear and simple explanation so you can make the most of your Medicare coverage. For more information visit www.MediGapAdvisors.com.