Marc Freedman, founder and CEO of Encore.org, recently testified before the U.S. Senate Committee on Finance about how encore careers could increase personal financial security, help reduce federal debt and deliver a windfall of talent to tackle urgent social problems.

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Read the testimony (Selected portions of the testimony are below.)

• The Encore Opportunity: Encore careers contribute to economic growth and productivity.
• A New Stage of Work: Americans over 50 want jobs with purpose.
• Mobilizing Encore Talent in High-Need Areas: Encore talent is needed in health care, education and the green economy.
• Encore Transitions: People can move to encore careers with the help of encore fellowships, individual purpose accounts, encore colleges and encore service.
• Encore Innovation and Social Security: A shift in Social Security policy could encourage movement to encore careers.

Encore service represents a new era of community and national service and a potential win-win for encore career seekers and nonprofits. The Serve America Act, recognizes encore careers and the need for pathways that get people from one stage to the next.

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The Age of the Encore Career Arrives (and Not a Moment Too Soon)

USA Today
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SecondAct
As First Boomers Turn 65, the Big Question: What's Next?

MSNBC.com
More Over 50s Launching Career Second Acts

The Huffington Post
Scoring a Fiscal and Social Win-Win