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He has a wealth of experience as a math teacher. but he took early retirement without much planning. i treated it as retirement. i said, yes, yes. i ll retire early. foolishly, i didn t make any preparations. reporter: a reality check for boomers. plan ahead for what could be decades of leisure time. i ve had some ups and downs in these five months and i good bit of downs, actually. i would imagine that there will be a considerable element of volunteer work in that mix. to justify the singing and the acting and the reporter: jeff and jean say with the children all grown, there s money for other things so campaigners say let them earn so they can spend. if you don t have much money when you re older you won t go out to eat. restaurants won t thrive. you re not going to go and have your hair done. hair dressers won t thrive. reporter: and companies ....
Months of my life. show me somebody else that had to do the job i loved doing. reporter: those forced retirement is expected to be outlawed in the uk later this year. something roz altman has long fought for. as far as retirement is concerned, attitude are tuck in the last century while life expectancy and the way the job market functions to enable people to work longer has moved on substantially. reporter: experts say hiring older workers doesn t have to cost more than hiring a fresh, young face. perhaps when you look at people in their 50s and 60s, they tend to be paid a little bit less than earlier in their career. quite comparable to people early in their career. but often, with a wealth of experience as well. reporter: in 2011, jeff woodhouse joins a famous array of baby-boomers in turning 65. ....
outgoing prime minister took to the streets in violent protests again on monday. hezbollah named its choice to lead the country next. a billionaire businessman, the prime minister briefly in 2005, lebanon s been in political chaos since the government collapsed two weeks ago. in southeast australia, people in the state of victoria scramble as widespread floods threaten dozens of towns. levies have broken under the pressure of swollen rivers evacuations have been ordered. and a ban on coca having a big impact on prices. the president made the announcement days ago. prices have soared since. ivory coast is the world s top exporter. those are the headlines. world business today starts now. hello. i m at cnn hong kong. and good morning from the world economic forum in switzerland. i m richard quest. this is world business today. the top stories on tuesday, january 25th. a deadly airport attack overshadows what would have been a optimistic keynote speech to the w ....