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  • HART 10:09 am on 25/08/2014 Permalink | Reply
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    Retired Husband Syndrome 

    RHS or Retired Husband Syndrome: Italian researchers found that almost “half of women with newly retired husbands complain of increasing levels of stress, depression and sleeplessness.”


  • HART 4:32 pm on 15/08/2014 Permalink | Reply
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    Do Flexible Workers Do Better? 

    As we begin to look at flexible work practices (working flexible hours or being able to work at home when necessary), we found that 225 were full-time (21%), 237 (22%) flexi or part-time, and 597 retired (56%).  Patterns in working preferences compared to the actual working conditions of older people showed that: two-thirds (62%) of those currently working full-time are happy to do so, but a nearly a third (31%) would rather be working part-time or flexible hours, and 7% would rather not be working. Nearly three quarters (73%) of those already working part-time or flexible hours are happy with this arrangement, 17% want to stop working, and 10% wanted full-time work.

    Another question we asked was whether people’s job made it “difficult to be the kind of spouse or parent I’d like to be”.  Not surprisingly, while almost two-thirds (62%) of those working full-time agreed with this, over three-quarters (77%) of those with part-time or flexible hours disagreed.

    How prepared workers were for retirement also showed clear patterns:  62% of full-time workers agreed with the statement “I worry about the standard of living I will have in retirement”, while half (51%) of those working part/flexi-time agreed. Similarly, more full-time workers (66%) agreed with the statement “I worry about having enough income in retirement” than part or flexi-time workers (54%).

    Most of this difference is explained by the observation that full-time workers tended to be younger (56% were between 60 & 64), while about a third of flexi/part-time workers were between 60 & 64 years of age. A large proportion of full-time workers (37%) were between 65 and 69, and around 8% were over 70 years of age. Interestingly, the research showed that 42% of flexi/part-time workers were between 65 & 69, and an impressive 25% over 75 years of age!

  • HART 2:09 pm on 22/07/2014 Permalink | Reply

    Getting a job after 50 

    An Australian article about the prejudice older workers are facing as they seek employment: http://www.stuff.co.nz/business/small-business/10272066/Getting-a-job-after-50

  • HART 9:21 am on 30/06/2014 Permalink | Reply

    Almost three-quarters of people fear living standards will fall in old age 

    A survey by The Guardian in the UK revealed that many believe that current living standards were not at a good level, that there is a growing divide between those who are financially secure and those who are struggling, with the majority believing that living standards will get worse in the future.  http://www.theguardian.com/society/2014/feb/26/old-people-living-standards-fall-survey

  • HART 11:03 am on 25/06/2014 Permalink | Reply
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    Letter to HART 

    Greetings to the Team,

    Your Report which ends, “You who have reached the pinnacle, remain as a guiding light to us all” encouraged me to drop you a line, as I have reached the pinnacle being half way through my 94th year!

    I have been particularly interested in the subject ever since I read a publication entitled ‘Stepping Out Towards Retirement’ published in 1978 by Radio New Zealand when I myself was approaching retirement.

    I had never ever given a thought to retirement and it served as a timely wake-up call.  By the time we both retired in 1987 I had realised the importance of sensible preparation and persuaded the Board to allow me to conduct Seminars for Staff on a 6 months trial.  In the event they were so successful they went on for 2 years, involving over 200 Hospital Staff.  I have all the documentation and feedback responses from the participants.  Then economic circumstances intervened and the seminars were discontinued.  They had certainly proved their value.  When I used to tell participants they would have an extra 2000 hours a year to spend when they retired, it really made them think!  I never had groups larger than 12 to ensure ample opportunity for interaction and discussion.  Each Seminar extended over three weeks.

    In recent years we have been inundated with the prospect of the approaching retirement of the Baby Boomers and the problems that will descend upon us.

    Up until your recent projects eventuated I had seen no reports of Baby Boomers themselves being asked what their views on impending retirement were.  It is long overdue and you are all to be congratulated on breaking new ground.

    Every generation is different as are the economic environments at the time.  Advancing technology is an obvious example.  I myself am currently exploring my iPad and its mysteries and having a ball in the process!

  • HART 9:51 am on 03/06/2014 Permalink | Reply

    Call for change of attitude on employing older workers 

    There are concerns in Australia that moves to raise the retirement age to 70 will exacerbate already high levels of discrimination towards older workers: http://www.smh.com.au/federal-politics/political-news/call-for-change-of-attitude-on-employing-older-workers-20140601-39cks.html

    • williamlane628 8:31 pm on 22/06/2014 Permalink | Reply

      It seems to me that we should be finding ways to allow people to retire earlier, not later. It just seems obvious but also apparently impossible.

      • Kim 5:32 pm on 05/10/2014 Permalink | Reply

        If everyone was prepared for all the extra time they would have available to them and knew how they were going to use that time I would agree with you William. Unfortunately many people are unprepared for all that extra time and don’t quite know what to do with themselves. Preparation, in my opinion, needs to start very early on, not just as one approaches retirement ….whatever age that might be?

        Many parents don’t have time for pursuits of their own and never develop any interests/pursuits outside of home or employment. And then there’s the difficulties associated with degeneration of hearing, mobility, eyesight etc. If you’ve always been a needle-worker and your eyesight gets very bad, well then what? Personally I’ve walked a lot and so far I can still do that. I also read a lot and I can still do that…. but if I couldn’t then talking books just wouldn’t be enough and I’d want to be doing something else WHILE I listened. Well once a multi-tasker – always a multi tasker eh?

  • HART 10:59 am on 28/05/2014 Permalink | Reply

    Aged 50? Congratulations: your boss thinks you are old 

    An article in the UK newspaper The Telegraph reported that recent survey findings revealed that “…Hitting your 50th birthday makes you “old” in the eyes of bosses and less valuable to your employer”.


  • HART 10:33 am on 30/04/2014 Permalink | Reply

    Businesses are facing challenges to retain their mature, experienced employees 

    A full five years before their first New Zealand Superannuation payment kicks in, most Kiwi employees are good and ready to down tools, hang up aprons, return company-provided laptops and take a permanent holiday from work. That’s according to the latest Randstad employer branding research which says 59 is the ideal retirement age for most New Zealanders, with less than a third saying they’d be happy to work past the usual retirement age of 64.”

    Read more: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11246352

  • HART 2:32 pm on 25/02/2014 Permalink | Reply
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    Thinking of working a bit longer? 

    laptop on beach1Thinking of working a bit longer?  For some nearing retirement, continuing in the workforce may be an undesirable financial necessity, while for others the thought of not working fills them with dread!

    There is evidence that older workers are happier than their younger counterparts.  Older workers generally report being more satisfied, committed and motivated than younger workers, and they tend to see the work environment as less stressful.  ICC results show that most of those aged 60 to 79 were still working (72%), even though nearly three-quarters were also receiving superannuation, suggesting many older workers in New Zealand seek continued paid employment beyond the obvious financial benefits.

    However, health is a major influence on the choices people make regarding their continued participation in the workforce, and poor health has been identified as the main reason why people retire earlier than anticipated.  Some of our participants were unable to work due to a health or disability issue. Our earlier research indicates that approximately 17% of 55 – 70 year-olds retire due to poor health, while others are also retiring to protect their health for their future retirement.

    We know that approximately 30% of retirees find the transition to retirement stressful, and this is particularly so for those with fewer financial resources or for those who are unable to retire when and how they want to. We asked ICC participants about their work preferences. Many expressed dissatisfaction with their current work status.  For instance, many full time workers would prefer to be work part-time or to have more flexible work schedules.  Nearly a quarter said they wanted to be fully retired yet only 16% were, suggesting that a number of our participants continue to work in spite of their preference to be retired.

    A small percentage of those surveyed aged over 60 were unemployed and looking for work.  There is considerable evidence that negative stereotypes about older workers and their health and productivity are still often held by employers.  These stereotypes can prove resistant and makes seeking employment for older New Zealanders a stressful and often futile activity.

    These preliminary findings pose a number of questions for discussion:

    Are some of us continuing in paid employment because of a financial need of some sort?

    Or are we deriving other non-financial benefits from continued work involvement?

    Is there more that can be done at an organisational and policy level to extend the working lives of older workers experiencing ill health or disability if they desire to continue in the workforce?

    What are the barriers to finding employment past 60 years of age and what can be done to overcome negative stereotypes that persist about older workers?

    • Anonymous 12:32 pm on 23/03/2014 Permalink | Reply

      In hindsight I would have made more effort to stay in employment as subsequent events have placed a financial burden on me. (11 yrs retired) While I enjoyed my work and environment my relationship with management was stressful. Retirement decisions for those with ‘partners’ of similar ages are necessarily a compromise at times so in my case maybe little would have changed! F-B

    • masseyhart 11:48 am on 17/03/2014 Permalink | Reply

      Thanks Claire. Agreed, there will be a lot who continue to work for the money. Hopefully we’ll be able to get some further insight into this issue through this forum and the HART study

    • Claire 4:37 pm on 15/03/2014 Permalink | Reply

      Everybody Ihave spoken to aged 65-73 are at work for the money. Many are propping up families due to relationship breakups and the financial hardship caused by this.Some want to travel and some want to reevaluate their living arrangements Most want to help families, with grandchildren top of the list. These people are all women in nursing,domestic work.,or rest home caregivers.

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