body can be replaced or rebuilt. There are even some types of cancer that are considered curable. These things were not true twenty years ago. There also is a trend in this country towards remaining healthy. Americans are taking much better care of themselves; there is a genuine concern towards health. People are not smoking as much as they did in previous decades and there is a trend towards exercise. We take vitamins, we go out for a weekend run or bike ride and we are eating healthier. All these factors contribute to a longer life expectancy and a rising demand for products and services. Another major contributor was the big push in the eighties, "out with the old, in with the new" school of thought, forcing the older management and executives into early retirement has left the companies of today in dire need of top caliber people. This coupled with the fact that each year more and more baby boomers decide to retire early. The gains the baby boomers stand to receive far outweigh the costs in most cases. Their 401k plans and stock options have sky rocketed in value because of the strong economy we have been experiencing for nearly twenty years now. Today's older working population has the choice to continue working or retire because for the most part, they are financially sound. Many are choosing the retirement option. They no longer have to deal with the day-to-day grind, the high pressure and rigorous schedules that are demanded of senior executives in today's world. They have worked hard for many years and now have the option to retire and enjoy the remainder of their lives. It's a choice that is hard to say no to. It's a choice that has proven to be very costly to today's businesses.The companies of today are rapidly losing their think pools. The older executives possess a great deal of knowledge and diplomacy that is priceless to many organizations. These people could be mentors to the future stars of the ...
