"You might be one of them; you may be feeling, for the first time in your life, like you’re disposable. That’s not a nice feeling. All of a sudden you’ve gone from being a smart, successful, respected professional to (cue, inner voice) a nobody, worth nothing in today’s workforce."
If Not Now, When?
“Maybe you’ve been given your marching papers after years of loyalty and hard work for a faceless corporation that’s decided it no longer needs or wants you. We all know lots of people whose lives have been turned upside down since the 2008 recession.
You might be one of them; you may be feeling, for the first time in your life, like you’re disposable. That’s not a nice feeling. All of a sudden you’ve gone from being a smart, successful, respected professional to (cue, inner voice) a nobody, worth nothing in today’s workforce.
Through the up-close-and-personal lens of your loss you may not be able to see the big picture behind your midlife career crash. And that picture is the baby boom’s megademographic wave. The workplace system of yesteryear that gave tenured workers (like your parents and their parents) steady raises and good benefits, eventually providing for a comfortable retirement, is no longer sustainable. There are just too many boomers for this model to continue working.
A lucky few employees made it out of the recent recession relatively unscathed. Then there are the rest of us. And even if you did survive the gory years, you may now be watching your employer shift focus to recruiting and retaining younger workers
Midcareer professionals, like yourself, are getting passed up for promotions and raises or forced into early retirement!” http://yourbestboss.com
As I mentioned in a previous article, this type of mid-life crisis is not unusual. Younger people are simply cheaper to employ and there are a lot of younger people out there who are willing to work longer hours, at a lower salary. The employment market has changed. And so have we. If we change the way we look at things, the things we look at will change.
Too illustrate this, I recently purchased a new car. First time in 7 years. And, it was the first purchase from this particular manufacturer and model. I never really noticed this particular model on the road before. My decision was based upon quality, price, reliability, etc. However, once I began driving the car I began to notice how many other similar makes and models were out there. I changed the way I was looking at things, and the things that I noticed also changed.
So, my question today is this: Are your Golden years looking insecure and uncertain, perhaps even bleak? What is going to change now, or in the future, that will give you enough of an increase in income to make your retirement all that you want it to be? http://essanteorganics.com/TheOrganicRetiree
Entrepreneurship could be an attractive alternative. Traditional businesses, home based businesses alike offer great ways of developing additional income and the opportunity to follow a passion.