Tuesday, September 4, 2012

More older workers making up labor force - latimes.com

More older workers making up labor force - latimes.com: t struck, Mike Vaupel of Fort Lauderdale, Fla., might be considering early retirement from his government job as a meat inspector.

He is 60 years old and already has 34 years of service under his belt, enough to qualify him for an immediate pension equal to about 75% of his current pay. What's stopping him? For one, he and his wife own two homes — including one they lease out — and each property has lost about $100,000 in value since 2006.

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