The final paragraphs from a fine post by former Atlanta mayor Shirley Franklin at Blogging While Blue, on growing old:
Like many seniors who expected to retire, many of us are continuing to work and in many cases competing with younger people for the same positions. If we aren’t competing, we are working side-by-side. Did you notice the man who bags the groceries in your neighborhood store is no longer a teenager? Or the clerk at the dry cleaners? Or the usher at the movie theater? These are not high-paying jobs and sure old people enjoy the social engagement of work but most are working because they need the money. Today in Atlanta, one in nine residents is over 65-years-old and the ratio is declining. By 2030 the Atlanta Regional Commission projects that number will be one in five.
The collapse of the financial markets compounds the challenges the aging population face. Savings and retirement funds accumulated for a lifetime are diminished or wiped out with little chance of recovery. Women who earned less than men are living longer. More women are living in poverty as they age. Every aspect of government services and community life faces consequences with the explosion of the 65 and older population. These startling facts are my new reality.
As a “baby boomer”, I hope for a successful career beyond 65-years-old as long as my brain and body are healthy but these last few months of waiting for an economic recovery plan from the White House and Congress haven’t helped my anxiety any.
Don’t stop here. Read the whole thing.
- By Jim Galloway, Political Insider