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Economic Uncertainty Forcing Retirees to Re-enter the Workforce


May 2009 (SmartPros) AARP speaker Captain Karen Kahn offers advice to workers considering delaying retirement or re-entering the workforce after retirement.



In an American Association of Retired Persons (AARP) survey lasy year, 25 percent of respondents between the ages of 45 and 54 said they planned to delay retirement due to the economy. More than one in four of these respondents indicated they’re finding it difficult to pay the mortgage or rent, and a third stated that money is so tight they’ve stopped contributing to their retirement accounts. Career expert, speaker and one of the few pioneering female pilots still working, Captain Karen Kahn is reaching out and offering advice to those who may be contemplating delaying retirement or re-entering the work force to maintain financial stability.

Using age to your advantage

Despite the current economy, Captain Kahn says, “Retirees and others who are considering re-entering the workforce, need to remember that desire, determination and persistence matter most.  However, many younger job competitors will not possess the same level of maturity. This is a bonus skill that should be highlighted in the search process.”

Captain Kahn provides this additional advice for people considering re-entering the workforce after retirement or who are changing professions:
  1. Use your “maturity” to substantiate your experience and credibility. 
  2. Use current situations to demonstrate the value of your skills. 
  3. Remember you know a whole lot more than the person you are talking to does. Let them feel you are excited to share your knowledge with them. 
  4. Use your skills to consult with a previous employer or competitor.  You have valuable information to share with them about your generation as consumers as well as how younger audiences can benefit from your knowledge.
  5. Mentor seniors or pre-college groups on your specialty and how they can apply your knowledge to benefit their career pursuits.
  6. Network with friends, family and others to determine if they may be good sources for job referrals that will help you move your career goals forward. 
  7. Don’t set impossible goals for yourself. You didn’t achieve your current workplace status overnight, so don’t expect to transition to something else with minimal effort.  Your future employer will appreciate your careful, considered transition and recognize you are serious about your career change if you show that you’ve made well-timed steps that reflect realistic planning. 
  8. The art of networking is a time-honored process. Strive to cultivate people who can help you with future employment, making repeated contacts, if necessary to strengthen the networking bond.”
Captain Kahn adds, “Being too old is mostly a state of mind. It is up to you to scrutinize your available resources and determine what you are willing to sacrifice to realize your lifelong dream. Impress them with your maturity, good sense, attention to detail, and concern for providing a high-quality service. An excellent performance will make them want to hire you, regardless of your resume statistics. Once again what’s left unsaid can often be the key to unlocking an elusive job opportunity.”
 

2009 SmartPros Ltd. All rights reserved.

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2009 SmartPros Ltd.