In ‘Quartz at Work‘ Corinne Purtill reports on the work of psychologist Laura Carstensen, the founding director of the Stanford Center on Longevity.
Carstensen argues that we’ve organized our lives in impractical cycles, cramming peak career periods in with dependent children, and aging parents, is a nearly impossible undertaking. Longer lives have made it possible to work much longer and more practically with respect to the amount of money needed to live into those years.
She believes that to sustain the longer work life we should consider longer careers with breaks to handle life’s obligations.
“We need a new model,” Carstensen says of the current norms around career pacing. The current one “doesn’t work, because it fails to recognize all the other demands on our time. People are working full-time at the same time they’re raising children. You never get a break. You never get to step out. You never get to refresh. . . .We go at this unsustainable pace, and then pull the plug.”
She argues that full time work would ideally begin at 40. The careers would last longer and then trail off around 80. What do you think of that?
Read the full article: A Stanford researcher says we shouldn’t start working full time until age 40
From the New York Times, Jeff Sommer reports on the fact that women retire earlier than men. This is problematic for the simple fact that they statistically earn less than men throughout their careers and have taken more time off for caregiving and child rearing.
Women also live four years longer than men and therefor face a more financially uncertain future when retiring. That’s why it’s recommended that they work longer, ideally until 70 when the maximum Social Security benefits kick in.
While many men and women can benefit from the simple strategy of working longer, that approach tends to be even more useful for women. Yet relatively few women are actually making use of it: Women have, in fact, been retiring earlier than men, though that is generally not in their financial interest.
Read the full article: Women Outlive Men. Why Do They Retire Earlier?
Photo by Rian Castillo on Flickr