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Can “Unretirement” be Good for Your Company?

Our next guest says that the adage "out with the old and in with the new" doesn't work anymore for American companies when it comes to their workforce.  He says that experience and wisdom have more value now than ever before and has led to a new buzzword in the human resources field: "unretirement".
 
Mike Switzer interviews Chris Farrell, senior economics contributor at Marketplace, American Public Media’s nationally syndicated public radio business and personal finance program heard weekdays on this network.  He is also economics commentator for Minnesota Public Radio and a columnist for Bloomberg Businessweek, the Star Tribune, Next Avenue and Money.  He is also the author of a new book on this topic:  Unretirement: How Baby Boomers are Changing the Way We Think About Work, Community, and the Good Life.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.