When are people retiring these days?

The idea of retirement at 55 is a thing of the past for most people today.

For many, it’s just not realistic financially, and for plenty of others, 55 seems way too young to start golfing and birdwatching full time. But more often, I hear from people who say….

“Tim, not sure I really want to retire.” Or very similar comments. Actually just had a comparable conversation over a beer on Friday with arguably one of the, if not the greatest high school wrestling coach in history – Russ Cozart.

They’re energized by work, and their job is a big part of what keeps them going. It’s a slice of their identity.

This is why you’ll often find people working into their 60s, 70s, and even 80s these days. And it’s also why age discrimination is an increasingly out-of-touch idea.

According to a recent study, the average retirement age in the US is 62, while the expected retirement age for current workers is 64. The full retirement age for those born after 1959 is 67. Fun world facts – the UAE has the lowest average retirement age in the world – 49. Norway has the highest at 67.

For companies struggling with hiring, age discrimination is an especially stupid notion. There’s plenty of seasoned talent across a spectrum of generations.

Overlooking a candidate just because they’re “relatively experienced” might mean bypassing really incredible talent.

#agediscrimination #careermotivation #warfortalent