When Jeanne Majors, 63, took an early retirement in December 2005, she assumed that she would pick up a part-time job and be in good financial shape. She didn't know that her future would quickly fall apart.

Majors, who is single and lives in Brooklyn, N.Y., learned the hard way about the retirement obstacles that most women face today. When the economy slid into the recession, she lost her part-time job and could not find another.

"They wanted somebody young," Majors says. "Or if I was a man, somebody would have hired me at my age. I'm not sorry that I retired, but things didn't turn out the way I wanted it to. Everything went bust."

Read it all.

Filed under: * Culture-Watch • Aging / the Elderly • Women • * Economics, Politics • Economy • Personal Finance • Pensions • Stock Market • The Banking System/Sector • The U.S. Government • Medicare • Social Security

1. Formerly Marion R. wrote: “Or if I was a man, somebody would have hired me at my age.” Huh? September 28, 11:31 am | [comment link]

2. Yebonoma wrote: Not really #1.  I am an independent IT project management contractor with 30 years experience, and since my last gig ended early this Summer, I have found the number of job openings has declined significantly.  I simply do not know how the American electorate can say that they believe the economic situation is improving.  Even Saturday Night Live seems to now get it - http://www.nbc.com/saturday-night-live/video/barack-obama-rally-cold-open/1418895/ September 28, 12:04 pm | [comment link]

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