Summary of 55, Underemployed, and Faking Normal
From 55, UNDEREMPLOYED, AND FAKING NORMAL: Your Guide to a Better Life by Elizabeth White. Copyright © 2016, 2019 by Elizabeth White. Reprinted by permission of Simon & Schuster, Inc.
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Aging advocate Elizabeth White’s part-memoir, part-how-to text evokes regret and hope. The downside: You will regret not reading it sooner. You may feel resentful about the economic factors that strand many older adults, 55 and beyond, on a downward fiscal spiral. The upside: You will welcome her lessons on frugal living, meaningful choices and new career paths. By sharing her riches-to-rags story, White traverses a fiscal journey that will resonate with anyone who struggles to make ends meet or to find a new job in an uncertain economy. When she writes about unpaid light bills and unanswered job applications, she speaks for many people. White provides practical solutions for finding new earnings, affordable housing, cheaper travel, support groups and assistance programs. She can be bossy and repetitive, but everyone – from financial planners to advocates for the elderly to those who are aging themselves – will benefit from her guidance. Decades from now, you’ll be grateful that your younger self found time to read it.
In this summary, you will learn
- How the changing global economy and age discrimination disrupt career and retirement plans for older workers,
- What the “gig economy” offers middle-aged professionals and recent retirees, and
- What strategies will help you reduce housing costs and live frugally, before and after retirement.
About the Author
Elizabeth White is a frequent guest blogger and conference speaker. Her work has appeared in Barrons, Forbes, The Huffington Post, MarketWatch, Next Avenue, the American Society for Aging newsletter and The Washington Post, and she has appeared on the PBS NewsHour. Her TEDx Talk, now on the main TED stage, has more than 1.5 million views. White is a nonprofit executive and advocate for aging solutions.