I did as many courses as I could to gain skills and at 55 got a job as a medical receptionist. I'm now 62 and still working. The Health industry welcomes older people.
In loving memory of Alene and Guy Dorsey, who were people of color. Alene got all the food for our family, but Alene died of stomach cancer. Guy worked at the Ford factory, but he also passed away. I was their flower girl.
Wow. So, most people don’t save enough for retirement...but for those who DID, they lost most of it when the economy tanked. No wonder a lot of people just live for today and say the hell with saving. I’m in one of the few career paths left that have a good pension, but who knows what will happen? Social Security has been “borrowed” from by the government and now they don’t want to pay it back, so they want to cut benefits. I have concern that something will happen that wipes me out right when I’m ready to retire, so I try to diversify my savings so it’s not all in one financial vehicle.
tvdavis Well actually "living for today" and "the hell with saving" through the years is what got many baby boomers in trouble. I'm doing fine and retiring early.
Encourage the Big Accounting firms to have a orogram where they hire Seniors to assist with busy season and cinsulting projects. They wont hire over tge,age of 35. They complain they can't find help. There's a pool of 40-60 year olds who want to work there.
Came here with new wife more than 30 years ago from a third world country with only college degrees, both worked for the local govt., lived a very frugal life and I retired real early. Kids have both professional degrees and making excellent money. It is doable with hard work, patience and frugality.
@9:22 - It was so good to hear Ms. White pick up on her own narrative, to join the conversation on the highlight of her achievements meet with adverse adventures. I am grateful to have heard of and learned of her story. #MsElizabethWhite #Consultant #Fifty-five #Ageism #Unemployed #FakingNormal #CandidConversations #BlackBerryArt
I always plans of working in the medical field as I do. However, I had other talents like art that but experiencing some losses, I realized that was a farce. Although I’ve never been very good at saving money I’m happy that I made my choice. Like you I’m so worried about the future.
UNFORTUNATELY THERE NEEDS TO BE POLICY TO ENSURE THAT THE WEALTH IS NOT CONSENTRATED IN THE HANDS OF A FEW. THERE HAS TO BE OWNERSHIP OF RESOURCES AMONGST LOWER LEVELS OF THE CLASSES.
she might have lost everything in 2008 anyway. Stop missing the point and blaming individuals instead honestly critiquing the hollow, self seeking international economy which is consumer based and wants to pursue the highest profits for the lowest salaries.
What is with the 2008 401k Market collapse excuse? If you had put 100% of your money at the ultimate worst time in the market (Beginning of Nov 2007) You would have recovered all of your money (assuming S&P 500) by March 2012 (6 ½ years ago) Today (Nov 2018) you would have 2.25 times your original investment. Again, that is assuming the worst (you invested 100% right before the collapse)
Why do most here seem unauthentic to me. Nothing new here. Its called surviving, and using common sense. Most of us do it. When you age out at work,you reinvent yourself. Working as a janitor, or campground is not demeaning work. What are you people talking about? Your old. Of coarse you’re not going to be able to work as you did before. Privileged liberals drive me nuts. If you didn’t save, and took large risks, assuming you alone could succeed. You’re bound to fail. If you overspent, you made your bed. Stop whining, and reinvent yourself. Most of us do, and things work out just fine. But since most liberals live for themselves, and don’t follow traditional values. You get middle aged, living beyond your means, single, childless, adults, who live life surrounded by self, and ME. Of coarse it’s not going to end well. Come to Los Angeles. You will see the growing tent community turning our city into a 3rd world.
thi sblCKOWMENO N TH ENED WEOTE A BOOK COMPLAINING ABOUT AGE DISCRIMIANTION BIT SHE BET ALOT ON A BUSINESS THAT FAILED WHICH SHE TRID TO START, AND LOST ALOT IN THE FINAICAL CRISIS. SHE IS STILL LIVING IN HER UPSCALE TOWNHOUSEIN D.C. WHICH SHE COULD SELL AND MOVE TO COUNTRY/SUBURBAN HOUSE AND BE FINE. ITS TOTAL BS.
I did as many courses as I could to gain skills and at 55 got a job as a medical receptionist. I'm now 62 and still working. The Health industry welcomes older people.
1956soulmate
Very smart.
That's how you do it.
@@blackworldtraveler3711 Thank you so much :)
I’m 31 and looking to get into nursing. My mom is 61 and is still working as a nurse.
Good to know
I love Ms. White. She appears honest. She ought to be employed now. She comes across quite respectably. Good Luck to her and the whole panel.
respectably?
Ms White's complexion is astounding. She's doing something right!
she's inspiring!
Her book was very good!
@@MegaDiva1999 (yep...I know where you're going with that one(wink wink)
Shop at the yard or estate sales for $50 every week for old stuff and sell them online for $200 or more. We paid off our cars and house.
MyChilepepper I've considered that but I'm not sure of the best platform for it. Where did you have the most success?
In loving memory of Alene and Guy Dorsey, who were people of color. Alene got all the food for our family, but Alene died of stomach cancer. Guy worked at the Ford factory, but he also passed away. I was their flower girl.
I wish I had a resilience circle.
i know.Do you have another circle-church, book club, people you walk with? You could build the circle from there...
..... a resilience circle probably needs to consist of folks who are not gossips and are transparent and genuine ...... good luck !!!
Wow. So, most people don’t save enough for retirement...but for those who DID, they lost most of it when the economy tanked. No wonder a lot of people just live for today and say the hell with saving. I’m in one of the few career paths left that have a good pension, but who knows what will happen? Social Security has been “borrowed” from by the government and now they don’t want to pay it back, so they want to cut benefits. I have concern that something will happen that wipes me out right when I’m ready to retire, so I try to diversify my savings so it’s not all in one financial vehicle.
tvdavis
Well actually "living for today" and "the hell with saving" through the years is what got many baby boomers in trouble.
I'm doing fine and retiring early.
Encourage the Big Accounting firms to have a orogram where they hire Seniors to assist with busy season and cinsulting projects. They wont hire over tge,age of 35. They complain they can't find help. There's a pool of 40-60 year olds who want to work there.
R. Ann Rousseau Start your own business and promote it
Came here with new wife more than 30 years ago from a third world country with only college degrees, both worked for the local govt., lived a very frugal life and I retired real early. Kids have both professional degrees and making excellent money. It is doable with hard work, patience and frugality.
I was one of the baby boomers, meaning that when I was born, I would go “Boom!”
@9:22 - It was so good to hear Ms. White pick up on her own narrative, to join the conversation on the highlight of her achievements meet with adverse adventures. I am grateful to have heard of and learned of her story. #MsElizabethWhite #Consultant #Fifty-five #Ageism #Unemployed #FakingNormal #CandidConversations
#BlackBerryArt
ua-cam.com/video/as6bS-7ZlgQ/v-deo.html
2008-2009 knocked us down big time. Horrible
Yep! Faking normal. Even put the last kid through college. Now what because I still haven't recovered the level of living.
I always plans of working in the medical field as I do. However, I had other talents like art that but experiencing some losses, I realized that was a farce. Although I’ve never been very good at saving money I’m happy that I made my choice. Like you I’m so worried about the future.
Some of us will just have to work until we are no longer physically capable, at witch time I assume we will be turned out onto the street to die.
/Ms. White was brilliant. Why was that guy on the panel? To the interviewer, BYE FELICIA!!!
....I wish Ms White would have been the only one there ....I’ve been following her .... She’s fantastic
@@Tweedle457 yes
I volunteer and know other octogenarians that do also. Volunteer until you drop.
older workers are working as greeters at Walmart!
You can make enough at that in a single week to buy a whole cup of coffee too! Without cream and sugar though.
Kaeben your comment is too funny..... 😁😁😁
woohoo!
I love that she bet on herself. If she tries again, I bet she will have a completely different outcome after all of that failing forward.
Did she get a job? Not at Walmart but at the level where she was employed? Nomadland job is truthful but horrific.
UNFORTUNATELY THERE NEEDS TO BE POLICY TO ENSURE THAT THE WEALTH IS NOT CONSENTRATED IN THE HANDS OF A FEW. THERE HAS TO BE OWNERSHIP OF RESOURCES AMONGST LOWER LEVELS OF THE CLASSES.
I AM SO SORRY FOR ALL OF THEM. THE WOMAN ON THE END SHOULD HAVE STARTED HER BUSINESS IN HER GARAGE LIKE STEVE JOBS OF APPLE.
she might have lost everything in 2008 anyway. Stop missing the point and blaming individuals instead honestly critiquing the hollow, self seeking international economy which is consumer based and wants to pursue the highest profits for the lowest salaries.
STFU Idiot!!
What is with the 2008 401k Market collapse excuse?
If you had put 100% of your money at the ultimate worst time in the market (Beginning of Nov 2007)
You would have recovered all of your money (assuming S&P 500) by March 2012 (6 ½ years ago)
Today (Nov 2018) you would have 2.25 times your original investment.
Again, that is assuming the worst (you invested 100% right before the collapse)
michaelterry1000
Many baby boomers are using the Great Recession as an excuse for their own financial stupidity.
You're doing a lot of assuming there.
And these people on the panel are doing well today. So much for financial stupidity
Why do most here seem unauthentic to me. Nothing new here. Its called surviving, and using common sense. Most of us do it. When you age out at work,you reinvent yourself. Working as a janitor, or campground is not demeaning work. What are you people talking about? Your old. Of coarse you’re not going to be able to work as you did before. Privileged liberals drive me nuts. If you didn’t save, and took large risks, assuming you alone could succeed. You’re bound to fail. If you overspent, you made your bed. Stop whining, and reinvent yourself. Most of us do, and things work out just fine. But since most liberals live for themselves, and don’t follow traditional values. You get middle aged, living beyond your means, single, childless, adults, who live life surrounded by self, and ME. Of coarse it’s not going to end well. Come to Los Angeles. You will see the growing tent community turning our city into a 3rd world.
thi sblCKOWMENO N TH ENED WEOTE A BOOK COMPLAINING ABOUT AGE DISCRIMIANTION BIT SHE BET ALOT ON A BUSINESS THAT FAILED WHICH SHE TRID TO START, AND LOST ALOT IN THE FINAICAL CRISIS. SHE IS STILL LIVING IN HER UPSCALE TOWNHOUSEIN D.C. WHICH SHE COULD SELL AND MOVE TO COUNTRY/SUBURBAN HOUSE AND BE FINE. ITS TOTAL BS.
Please check your spelling. It’s horrendous!