RESPECTFUL EXITS
Transforming the Way Aging Employees Work and Retire
RESPECTFUL EXITS
Transforming the Way Aging Employees Work and Retire
RESPECTFUL EXITS
Respectful Exits is strengthening our workforce and economy by mobilizing the voices and talents of aging workers to bridge the gap between the options they need and the choices employers offer.
From now until 2029, 10,000 Americans will turn 65 each day. Many of these 40 million+ “Boomers” have been retired prematurely. Half of workers aged 55 have $14,000 or less in savings to finance their retirement.
The old model and dream of working to 65 and retiring for a decade of pension-funded leisure is outdated and broken. It is past time for employer practices to catch up with the new longevity. Since the 1980s, we have added 20 years to lifespans, yet vibrant contributors are being discarded daily, pensions have been cut, and the social safety net is being shredded.
A recent SHRM survey found 64% of workers age 50-64 hope to work longer and ease into retirement, but only 5% of employers offer such options as formal programs.
Respectful Exits is the organized voice of aging workers coming together to close that gap.
We are insisting that employers implement our common sense Longevity Agenda:
- End the 65 “sell-by” date as a mandatory or informal “retirement age”
- Practice career-long development and training of all staff
- Encourage robust flexible scheduling for employees of all ages
- Provide ongoing, on-demand financial wellness counseling
- Implement and promote flexible and phased retirement options
And we are freely distributing our new universal web-based tool ThePhazer™ for employees to propose a win-win path to flexible and phased retirement.
Through a dynamic national campaign with local affiliates, we are educating the public, mobilizing employees, and engaging employers to create a new normal for aging workers.
We challenge 65 as the widely assumed ‘sell-by’ date.
Milk curdles; people don’t.
JOIN THE CAMPAIGN
Join to help us transform retirement in our lifetime and to stay informed about our campaign.
BOOMER EXODUS
From 2011 until 2029, 10,000 Boomers a day—or 60 million people—turned and will turn 65.
That’s the equivalent of one-and-a-half Californias.
INCREASED LONGEVITY
Life expectancy is up 20 years, yet workers are discarded at 65 or earlier.
Social Security set the retirement eligibility age at 65 in 1936.
IMPENDING POVERTY
50% of workers 50-64 have less than $14,000 in savings to last 20-30 years.
Invested, that yields $50 per month.
RETIREMENT DEMAND
64% of workers hope to work longer and ease into retirement, while 5% of employers offer formal programs.
The demand increases, but the supply does not.
WHAT WE DO
FUND THEPHAZER
Respectful Exits has created ThePhazer™—a proven tool for employees to propose a win-win path to flexible and phased retirement. With your modest investment, we will distribute this universal web-based tool for free to any worker who wants it.
SHARE
Our power begins with bringing this issue out of the shadows, clarifying the problem, posing straightforward solutions—and acting together to advance our agenda.
RESPECTFUL EXITS BLOG
Age Grading is Failing All of Us
We cannot have people spending more of their adulthood deemed age inappropriate than age appropriate.
Money and Work Editor Richard Eisenberg: Reaching A Tipping Point On Retirement
Richard Eisenberg is Managing Editor of PBS' Nextavenue.org, a site for people 50+, where he is also the editor of the Money and Work & Purpose channels.
Which Employers Are Most Supportive of Aging Workers? Let’s Find Out!
Isn’t it time for a “best employers” list that puts older workers front and center?
BECOME A SUPPORTER TODAY
Respectful Exits is a force to transform retirement in our lifetime. Join us to create a more productive and predictable future for us all.