News 12 at 11, November 6, 2008
AUGUSTA, Ga---When people hit 65 years old they're supposed to be able to retire, but money matters have them working well into their golden years.
"Thank God for social security!" exclaimed antique dealer Stan Fink.
He's been saying that since May, when he turned 65, but for that birthday he was not able to unwrap the gift of retirement.
"I like eating everyday, sleeping with a roof over my head. So I'll keep working with this economy," said Fink.
He says there's no way he could live on social security alone, especially now, and he's not alone
Workers 65 and older are expected to make up 6.1% of the labor force by 2016, compared to 3.6 percent in 2006, according to the U.S. Bureau of Labor Statistics.
Fink says what's tough is not just a higher cost of living, but also his antique business is not what it used to be.
"I've been paying out of pocket just to keep it going and I can no longer do that, especially with the economy," he said.
Unfortunately, that means he's closing up as soon as he sells off all his antiques.
Looking for a new job can be scary for seniors who have been out of work. The AARP says some concerns are that older workers are seen as resistant to training, or lacking in computer skills.
A plus, though, is they can be seen as more dependable than the young generation.
Fink just hopes soon His generation can live like they expected.
"Americans get through everything. We're not defeatists and we'll all come back," he said.