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.
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The old model and dream of working to 65 and retiring for a decade of pension-funded leisure is outdated and broken.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.
Respectful Exits is the organized voice of aging workers, 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
Through a dynamic national campaign with local affiliates, we are making the case, mobilizing employees, and engaging employers to make these practices the 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
SUPPORT THE PHAZER TODAY
Respectful Exits is creating The Phazer™—a proven tool for employees to propose a win-win path to flexible and phased retirement. With your modest investment, we will build out this universal tool for free distribution to any worker who wants it.
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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
Aging Workers: From Invisible in 2018 to Center Stage in 2019?
In 2019, widespread use of The Phazer will provide a practical step toward reducing the economic challenges facing today’s and tomorrow’s retirees.
Cross-Generational Expert Phyllis Weiss Haserot: Harnessing Multigenerational Teams
Overwhelmingly, members of different generations see the value of cross-generational collaboration and want to learn from others’ experience and worldviews.
The Longevity Agenda: Key to Your Financial Future
“Take care of yourself” is good advice when it comes to your financial future. But employers also have a crucial role to play.
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.