Life Unsettled is a podcast hosted by Thomas O'Grady combining interviews, ideas and your questions answered in a world where life is unsettled. Until recently, the years between 45 and 65 years of age were ‘net savings years', those years where income was more than expenses and people saved for retirement.
Now, companies are replacing older workers. Meanwhile, while the net savings years are ripped apart, we're all living much longer. So, how are people going to refocus their plans. Instead of retiring around 65 and living into their 70's, people are losing jobs earlier and living into their late 80's or 90's. Living through this myself, this podcast focuses on the rewriting what seems to be a dire outcome.
Solutions to this come from a variety of economic areas and we search for answers from entrepreneurs, financial people, home businesses and secondary income. There are some bright areas in all of this as the experiences many people are useful in the new environment, but we need to avail ourselves of the technology and experiences.
The past is over. We can benefit by our experiences, but the past is behind us don't dwell on it. The future is a dream, but all life is in the present, i.e. ‘Life Starts Now!'
As an economist, I did a lot of work related to the impact of demographics on overall consumer demand.
What do you do if you're 54 and feel you have wasted a lot of time?