"Flextirement: Combating Brain Drain in the Aging Workforce"

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Source: MarketWatch
"Flextirement: Combating Brain Drain in the Aging Workforce"
Photo: MarketWatch
TL;DR Summary

As the retirement landscape shifts, the concept of "flextirement" is gaining attention as a potential solution to the looming brain drain of retiring boomers and Gen X-ers. This flexible employment status allows older workers to continue working part-time, retaining benefits and knowledge while providing employers with experienced talent. While some experts are optimistic about its potential, others are skeptical about widespread adoption by employers. However, certain industries and smaller employers may be more inclined to offer flextirement options, and there is growing advocacy for businesses to adapt to the aging workforce and value the contributions of older employees.

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