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Managing the Older Worker: How to Prepare for the New Organizational Order by Bill Novelli, Peter Cappelli

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Myths About Older Workers

The evidence that baby boomers, and no doubt the generations behind them as well, are thinking differently about what has traditionally been seen as the retirement years is overwhelming. They want to work longer, beyond the traditional retirement age, in part because longer life expectancy demands more money and in part because pensions and other forms of retirement income have not kept pace. The National Retirement Risk Index indicates that 45 percent of U.S. households are at risk of not having enough money to support themselves in retirement. This is due in large part to the disappearance of traditional pensions ...

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