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Pandemic fails to cure age discrimination

While that quote from Melinda Gates in The Guardian referred to findings about racism, gender inequality and poverty, HR Branches owner and chief problem solver Reanna Werner thinks it applies to age discrimination as well. Older people who want to work might have a better chance of getting jobs this summer as employers scramble to fill available positions, Werner said. But age discrimination in the workplace hasn’t gone away, said Susan Weinstock, AARP vice president for financial resilience programming. “We did a survey at the end of last year, and we asked people how they were feeling about their job security,” Weinstock said, “and 61 percent of employed workers [age] 40 and up said they’re concerned that they could lose their job in 2021, and they said that age would be a factor.”

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The Day - Well-to-do Americans rush to retire in new 'life-is-short' mindset - News from southeastern Connecticut

pandemic, and now as vaccines become more widely available, we are reporting on how our local schools, businesses and communities are returning to a more normal future. There s never been more of a need for the kind of local, independent and unbiased journalism that The Day produces. Please support our work by subscribing today. Well-to-do Americans rush to retire in new life-is-short mindset Craig DiLorenz, retired this year at 58 years old, in Chicago, on April 23, 2021. (Bloomberg photo by Sebastian Hidalgo) Melissa Marteney in Newburyport, Mass., on April 24. (Bloomberg photo by Kayana Szymczak) Published May 03. 2021 2:07AM  Alexandre Tanzi and Michael Sasso, Bloomberg

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The Day - Well-to-do Americans rush to retire in new 'life-is-short' mindset - News from southeastern Connecticut

The Day - Well-to-do Americans rush to retire in new 'life-is-short' mindset - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

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Affluent Americans Rush to Retire in New 'Life-Is-Short' Mindset

The unprecedented surge in shares and home values during an economic crisis is easing the retirement path for those who have savings and investments.

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More Americans are considering retirement because of COVID

More Americans are considering retirement because of COVID BLOOMBERG Print After a year of early morning Zoom calls, the specter of a deadly virus and soaring stock and real estate values, working American baby boomers who can afford it plan to get out while the getting s good. About 2.7 million Americans age 55 or older are contemplating retirement years earlier than they d imagined because of the pandemic, government data show. They re more likely to be White, a group that typically has a larger amount of accumulated wealth, and many cite robust retirement accounts and COVID-19 fatigue for their early exit, according to interviews with wealth managers and federal surveys.

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