How to survive getting older at work

GeenaYesterday at the Wall Street Journal's Women In The Economy Conference, one of my favorite actresses, Geena Davis, mentioned how tough it is for female actresses over 40 to get parts in movies. I'm in my 40s and I feel like I'm just getting started. But today, young, hip, fresh and relevant are the buzz words.

I want to grow old still doing the job I enjoy. Don't you? While finding work life balance is tough right now, I can see a time when I'm an empty nestor and I want to ramp up and give work more attention. But will I be accepted as an older worker in the newsroom? Here in my own community, I see examples of failing organizations that blame older leaders for their predicament. They suggest bringing in young blood will fix their woes. And in some cases, it might.

Looking at a new MetLife study, I learned that contrary to prediction, boomers are retiring. And they are happy. Yet, there are some who work into their 80s. "The driver not money. It's that they want to stay in the game," MetLife's Sandra Timmermann, director of the MetLife Mature Market Institute told me." Older people have a whole new attitude about staying active."

Today, I looked deeper into the topic  of aging at work for my Miami Herald column. I'd love to hear your feedback. Is 70 the new 50? Or should 70 year olds step aside to make way for the younger generation?


The Miami Herald

Older executives face challenges in the workplace

By Cindy Krischer Goodman

   Doctor Alfredo A. Lopez-Gomez with his wife Mary Lopez at MAS Medical Group offices on Coral Way. Dr. Lopez-Gomez still practices five days a week as an internist.
Al Diaz / Miami Herald Staff
Doctor Alfredo A. Lopez-Gomez with his wife Mary Lopez at MAS Medical Group offices on Coral Way. Dr. Lopez-Gomez still practices five days a week as an internist.
My silver-haired grandfather worked into his 80s. He ran his Chicago law firm on trust and signed clients with a handshake. But his last few years of practicing were rough. He wasn’t as sharp as a decade earlier and the young lawyers in his firm began questioning whether his handshakes were causing the law firm to get stiffed on fees.

Lately, I’ve been thinking about grandpa and what it means to get older in the workplace. I look around my corporate neighborhood and see strong companies run by leaders in their late 60s and 70s. But I also see a huge push, intensified by the technology revolution, to stay edgy, innovative and current. And, I see tension. In some organizations, I even see a forced changing of the guard.

When it comes to the workplace, is 70 really the new 50? Today, people are health conscious and living longer. Older workers and leaders often feel empowered, even balanced, by continuing to work into their 70s and 80s. But is it possible to age and stay relevant at work?

As more Americans push back the date of retirement, I think that’s a question more of us will be asking.

Clearly, attitude plays a role. A nationwide survey by the Pew Research Center’s Social & Demographic Trends project finds that a majority (54 percent) of workers ages 65 and older say the main reason they work is that they want to. Just 17 percent say they need the paycheck. Those senior workers who hold onto the passion for their jobs are the ones who take the steps to stay relevant, experts say. At 71, Tom Tew still practices law full time at Tew Cardenas in Miami. “As long as I’m doing quality work and my clients are happy, I’ll keep practicing. I enjoy work.”

Physical health tends to factor in, too. Older workers at the top of their game see a correlation between physical and mental health. Two years ago, Tew bought Biscayne Boxing & Fitness Club in Miami, where he exercises five days a week and feels he’s building stamina. “The litigation world I’m in is an energy intense place. Working out is so important. You can’t let yourself go physically,” Tew told me. I asked him if law firms need to be managed by younger partners and what he thinks of the mandatory retirement age some still enforce. “Every 70-year-old is different. Some should have retired at 60. Some still have it.”

Behind successful workplace longevity is a willingness to keep learning. In today’s global economy, where the fundamentals of a business may change overnight, senior workers and leaders who are open to change, even interested in staying ahead of it, manage to keep their jobs. “In leadership, age is irrelevant,” says Mike Myatt, managing director of N2growth and a leadership advisor to Fortune 500 CEOs. “It’s a matter of performance. Either someone is engaged, staying up to date and getting the job done or he is lacking.”

At 81, Alfredo Lopez-Gomez still practices medicine five days a week and spends a minimum of an hour a day reading medical journals, books and new research. He hears about the latest medical advances at his weekly lunches with his younger colleagues. And, he passes on his knowledge and solicits feedback when he lectures residents and interns two times a month at Larkin Hospital. Lopez-Gomez says he sees about 30 patients a week, most of them longtime patients or word-of-mouth referrals. “I’ll continue until my wife tells me I’m no longer mentally OK to work,” he said.

The self-marketing expected of young up-and-comers becomes even more crucial for older workers. “Make your strengths visible,” says Marcie Pitt-Catsouphes, director of the Sloan Center on Aging & Work at Boston College. Of course, experience typically is a key asset. Tew says clients hire him because of his years of experience. They want his judgment in regulatory banking matters, something younger lawyers just aren’t able to provide — even with their handheld smartphones to look up answers. Pitt-Catsouphes says older workers tend to feel passionate about their jobs. “It’s OK to express that. That’s the strength they bring that counteracts the assumptions that they are one step toward retirement.”

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The Work/Life Balancing Act

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