There may be something of a retirement crisis in America. Due to a strained economy, high education costs, and fewer companies offering retirement accounts to employees, workers are expecting to retire later than they used to. But, for at least a decade, folks have tended to leave their working lives behind sooner than they expected – often due to health problems or some other factor. Now, although the expected retirement age is 66, the average age for making the move is actually 62. The crisis then is pretty clear – a lot of folks are retiring without quite being able to afford to do so.
Retirement can be one of the greatest times of our lives, and making smart decisions about how and where to spend those years can make all the difference in the world. You want to retire somewhere safe, somewhere lovely ... plus, wherever you choose needs to have solid healthcare options and, perhaps most importantly, a cost of living that you can afford.
In December of 2014, a task force in Philadelphia that was formed to study the issue of the benefits and pitfalls of paid sick leave came to its conclusion: Paid sick leave is necessary. Now, two Pennsylvania state senators are announcing their intent to propose legislation to preemptively prohibit mandatory paid sick leave for employees. Two steps forward, three steps back.
You know the saying: "A new year. A new you." Why not apply that to your career, too? If you're looking for a career change in the new year, then you might want to check out the top occupations the Bureau of Labor Statistics projects as the most promising, broken down by highest paying, fastest growing, and most new availabilities.
A new report from the William Institute looks at an aspect of work life that may seem obvious to a lot of us, but is still a lesson needed to be learned by many. The report looked at 36 studies about how showing support for LGBT workers impacted the bottom line.
A big part of the president's healthcare reform plan is to extend coverage to those who need it most – the old, the poor and the young. To make it affordable, the program relies on young, presumably healthy, adults to opt in. If they don't, they pay a fine. But what if they opt to get penalized instead of sign on up? What would that do to the Affordable Care Act?