Giving That Just Won’t Quit
The data and statistics of the Baby Boomer generation shows some interesting trends we can’t ignore. The number of people aged 65+ in the workforce in Minnesota in the last year has nearly doubled since 2003. As that workforce number grows, so does the retirement rate. Why does this matter to United Way of Central Minnesota? Each year, individuals who retire by default lose their direct connection to workplace giving campaigns as managed by their employers. Because payroll deduction is just one way to donate to our programs, it’s imperative we continue to keep our retirees and pre-retirees, in the fold. It benefits individuals as well as our mission. We consider it a win-win situation.
Why Volunteering Works
The retiree population comprises 31 percent of the entire adult U.S. population, yet account for 45 percent of total hours volunteered. The benefits of continuing active charity, volunteer, and philanthropic efforts post-career are also plentiful; it boosts physical activity, socialization, supports mental health, fights depression and isolation, and helps close the generation gap.
Retire United Group
United Way of Central Minnesota supports Retire United, a program that directly addresses the older adult workforce population in our communities. By working with our workplace giving businesses, we are able to create a transition-type program for retirees who wish to remain tethered to our cause and efforts. It’s both an opportunity for individuals to participate in volunteer projects and support programs vital to the entire community. From a company’s perspective, it’s a chance to continue to reward loyalty and culture even through a retirement. Our goal is to always ensure our volunteers and supporters know of the opportunities presented and how we can best raise our hands together to continue to advocate and create change.