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50+ Career Guide for Those Considering a Second Career After Federal Service
Both federal employees nearing retirement and those already retired are often looking for second career opportunities -- whether they be part- or full-time employment, a consulting practice, or starting a small business.
An encore career is a way for federal retirees to further contribute their valuable skills to a personal passion, a non-profit cause, or an industry's technology. It's also a way to further enhance their financial nest egg in order to live more comfortably during retirement years. The following 50+ Career Guide of insightful articles and resources (see below) is provided to My Federal Retirement and a nationally-recognized expert on trends in retirement and aging. Miller's website, target=_blank>RetirementRevised.com, is a fast-growing online destination for Baby Boomers seeking news and resources on retirement. The site's focus is the reinvention of traditional retirement - how the baby boom generation is revising its approach to careers, money and lifestyle after age 50. RetirementRevised.com was recently honored in Money Magazine's May, 2010 feature, "The 100 Smartest Things to do with Your Money" as one of the nation's top retirement planning websites. 50+ Career Guide
target=_blank>The 50+ Job Market. Even in a tough economy, older workers are valued in some industries. Technology-oriented companies that depend on experienced scientists and engineers are very worried about brain drain as the huge baby boomer generation retires. Many are scrambling to implement retention programs aimed at keeping these high-value knowledge workers on the job as long as possible. Some offer flexible work arrangements to accommodate the changing lifestyle needs of older employees. href="http://retirementrevised.com/career/six-mistakes-older-job-hunters-make" target=_blank>Six Mistakes Older Job Hunters Make work well past retirement age. Most were saying so even before the economy crashed, deflating retirement savings and real estate values. Now, working longer has become an imperative for many. The question is, where? The jobless rate for adults age 55 to 64 has more than doubled since November 2007, months before the recession started. Many of those laid-off workers need to figure out how to get back into the labor force-a big challenge if you're up against younger candidates and the unfortunate reality of employer age discrimination. However, while age discrimination is a hurdle, there are ways to make yourself a better candidate in the eyes of employers. Here's a look at six mistakes to avoid. href="http://retirementrevised.com/career/15-fast-growth-careers-for-50-americans" target=_blank>Economist's study points to 15 fastest-growing 50+ career opportunities a new economic study that attempts to answer one of the toughest questions facing mid-life Americans: Will training for a new career pay off in the form of new career opportunities in a recession-wracked economy? href="http://retirementrevised.com/career/the-workforce-is-aging-but-where-are-the-age-friendly-employers" target=_blank>Where are the Age-Friendly Employers? pushing older workers to postpone retirement, but will employers accommodate them? target=_blank>Encore Careers. A national community has sprung up around the idea of creating opportunities for older adults to start new careers-paid or volunteer-that allow them to make a positive social contribution in later life. The trend is gaining momentum and encompasses everything from transitions to non-profit sector work, volunteering and social entrepreneurship. href="http://retirementrevised.com/retirement-jobs/resources-for-entrepreneurs" target=_blank>50+ Entrepreneurship. boomers intend to keep working past traditional retirement age. Surveys show that about 58 million boomers plan to stay in the workforce well into their sixties. Employers won't accommodate all of them, considering the state of the economy and attitudes toward older workers. And many will want to leave the corporate world anyway because of burnout or an impulse to run their own show. All those factors will drive a major trend toward boomer entrepreneurship in the years ahead.
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