Search
 

The Workplace is a Safe Haven for Boomers

IRVINE, CA—After the recession and recent 401k and stock-market shakeups, Boomers are grateful to remain in the workforce longer than they had planned, RETS Associates' Jana Turner tells GlobeSt.com in this EXCLUSIVE interview.

By Carrie Rossenfeld | Updated on April 07, 2015

IRVINE, CA—After the recession and recent 401k and stock-market shakeups, many Baby Boomers are grateful to remain in the workforce longer than they had originally planned, RETS Associates‘ principal Jana Turner tells GlobeSt.com exclusively. As we reported last week, a new survey from the real estate recruiting firm of more than 120 diverse Baby Boomers who work in real estate reveals that they were more affected by compensation loss than job loss during the Great Recession. More than one-third of respondents reported that the personal financial impact of the recession will delay their retirement, and 23% of those surveyed indicated that they plan to work at least 10 more years due to the financial hardships caused by the severe economic downturn. In fact, the vast majority (84%) of Boomers plan to keep working part-time after retiring, either for need or enjoyment. We spoke with Turner about Boomers continuing to work and how this demographic views the workplace.

GlobeSt.com: How are working Baby Boomers approaching the workplace now that many of them have been forced to delay retirement?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.