Workforce: Employers’ Blind Eye for Boomers Slowly Opening to Retirement Realities

There is no clear strategy for older workers’ retirement and phasing out of the workforce. That could cost employers in both the short and long term.

After 37 years of teaching high school English, Martha Taylor-Nobile wanted to wake up just a little later in the morning.

So at 60, she retired earlier than she had planned.

“I could’ve kept going, but it just felt right,” she said. “My energy level was down, so I questioned whether I was doing the best job possible.”

Taylor-Nobile said her employer, the Greenwich, Connecticut, Public Schools District, allowed her to transition out of full-time work by becoming a mentor to new teachers. She had fewer classes to teach and spent time observing and coaching other less-experienced instructors.

“It was invigorating,” said Taylor-Nobile, now 66. “I got to share my experiences, and they showed me new ways of doing things too.”

Transitioning from full-time work to full-time retirement isn’t always as flawless as Taylor-Nobile’s experience. Often, baby boomers — those born between 1946 through 1964 — need to retire earlier than they expect, have to take a job that requires a lower skill set or must work longer at their current job to save more for retirement.

Click here to continue reading.