Why our retirement dreams are on hold: Millions facing a double burden of work and care


	Why our retirement dreams are on hold: Millions facing a double burden of work and care

JICWyllie

9-27-2009 5:57 AM

96 views

tags:

1-demographics, 1-employment, 1-recession, 1-retirement, 2-consequences, 2-need, 3-forecast, 4-uk

2 Comments |

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9-27-2009 9:46 AM

tabsey

The pension age has been recently raised in Australia. Politicians are just dusting off the old census results to see where all these older people are coming from. Idiots.

9-27-2009 10:29 AM

jatfla

That's where we are right now and our government is planning to make it even more difficult. That "sandwich generation" is in it's 50's & 60's now. Wonder if the younger generation will take up our mantle...or is that why Obama's health care plan looking so good to some?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3fa0eb52-9089-4f68-acf1-bf22eef64568/B2D9C8F6-2A3F-4103-AE21-495DE2AAB279/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.dailymail.co.uk/news/article-1215878/Britains-older-generation-forced-working-years-retirement-age.html" href="http://www.dailymail.co.uk/news/article-1215878/Britains-older-generation-forced-working-years-retirement-age.html" style="font-size: 11px;">www.dailymail.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dailymail.co.uk/news/article-1215878/Britains-older-generation-forced-working-years-retirement-age.html"><P aria-level="0" aria-posinset="0" aria-setsize="0">The older generation will face mounting pressure to work past retirement age, a Government report warned yesterday. <BR aria-level="0" aria-posinset="0" aria-setsize="0" /></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dailymail.co.uk/news/article-1215878/Britains-older-generation-forced-working-years-retirement-age.html"><P aria-level="0" aria-posinset="0" aria-setsize="0">At the same time, the study of population trends shows they will bear a greater burden of caring for sick or frail loved ones. <BR aria-level="0" aria-posinset="0" aria-setsize="0" /></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dailymail.co.uk/news/article-1215878/Britains-older-generation-forced-working-years-retirement-age.html"><P aria-level="0" aria-posinset="0" aria-setsize="0">The Office for National Statistics paints a bleak picture of shrinking pension incomes forcing people to stay in employment into their late 60s and beyond - while increasingly being left to care for ageing relatives. <BR aria-level="0" aria-posinset="0" aria-setsize="0" /></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dailymail.co.uk/news/article-1215878/Britains-older-generation-forced-working-years-retirement-age.html"><P aria-level="0" aria-posinset="0" aria-setsize="0">Campaigners for the elderly warned last night of a 'triple whammy' of difficulties for those approaching retirement age, with employers compounding their problems through age discrimination  -  forcing older workers out in favour of younger and often cheaper replacements.</P></blockquote><div style="height: 2px; 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