Greatest Concerns for Black People Over 40
12. Being old and alone 16%
After living a life of so many set rules a great fear of our participants is ending up alone.
11. Health, Pensions, and Benefits 20%
This was another big concern in our poll. Especially for those of us who work in the industry on the radio side. The benefits have never been great for radio announcers and urban stations have consistently banned unions which would have garnered retirement package for radio announcers. Many jocks have no retirement after years of working in the industry.
10. Making Major Changes in my Life 22%
Moving after a certain age is not as easy. Making friends and connections is more difficult and moving gets more stressful as we get older but so does standing still.
9. Age discrimination 23%
This is inevitable but the great thing is millennials and gen z’ers are horrible at developing relationships with corporations which will reopen the door for older reliable workers
8 Family Relationships 23%
All those generational curses come to pass when we get older and need the help of family members we may not have been connected to for years.
7. Starting another career 25%
While participants worried about this, from this perspective of working nationally for an industry trade publication. Older workers THRIVE when starting something new, much more than those who stand still waiting for opportunities to present themselves in an industry that these people have aged out in. I’ve seen people die waiting and others thrive moving along.
6. My continued relevance in my industry 26%
At some point, this will change and leverage will step in (retirement). It doesn’t have to be the end because someone else says it’s over. It’s up to you.
5. Losing Weight 26%
Harder when we get older but a necessary evil. Everything in moderation including exercise.
4. Finding ways to Help Others 28%
We get to the point when we get older to give back when we think about all that we have been given and how blessed we are. In additions, our lives change for the better when we give back.
3. Job Security 32%
Is any job secure even when you are young?
2. Improving Health 40%
Something that we have to make the effort to work on every day.
1. Planning for Retirement 49%
The number one concern. It’s never too late. Get a financial advisor, bookkeeper and accountant to look at your finances.
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