Is 80 the new 50? asks Chad Graham in the The Arizona Republic Jun. 24, 2008
"In business, the age of 80 is the new 50.
That's according to Newsweek magazine, which, in its June 16 issue, compared the business tycoons who've appeared recently on CNBC to characters in the movie Cocoon. The lineup included legends Warren Buffett, 77, George Soros, 77, and Kirk Kerkorian, 91.
"Advances in medicine make the retirement age of 65 seem like a relic," a columnist at the magazine wrote.
As the Baby Boom generation retires and America faces a worker shortage, companies are going to have to reconsider job candidates who are older. Arizona certainly has a lock on residents past 65, but it seems many have left the office for the golf course.
Not Philip Mastrin. The 88-year-old Anthem resident could have had a rich retirement. He's been married for 65 years and has two children, two grandchildren and five great-grandchildren. The architect moved to Arizona four years ago and continues to design homes."
Comments