September 2012 Baltimore Beacon Edition

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Retirees happy to serve again

Stipends for serving ReServe matches continuing professionals age 55+ (ReServists) with parttime service opportunities at nonprofit organizations and public institutions. ReServists earn a modest stipend of $10 an hour for about 15 to 20 hours of work a week. ReServe, based in New York City, recently partnered with the Social Work Community Outreach Service (SWCOS) of the University of Maryland School of Social Work to launch an affiliate in Baltimore — the first tied to an academic institution. ReServe Miami was launched last fall, and ReServe opened an affiliate in Milwaukee this year. ReServe was founded in 2005 as an integrated response to two social and economic trends: 80 million baby boomers were reaching traditional retirement age, while at the same time, nonprofit organizations

SEPTEMBER 2012

I N S I D E …

PHOTO BY FRANK KLEIN

By Carol Sorgen Dave Hall enjoyed a successful career in financial services, but when the banking industry took a hit several years ago, he decided it was an opportune time to retire. At 58, though, Hall said he felt he still had quite a bit of “tread” left on him and wanted to continue to make use of his skills — but in a different way. “I wanted to shift my focus away from the for-profit world to the not-for-profit,” said Hall. But with no experience working with nonprofit organizations, he wasn’t finding much opportunity. However, with the help of a group called ReServe, Hall found a position with Consumer Credit Counseling Services (CCCS) in Catonsville, where he works 15 to 25 hours a week, advising the organization on how best to allocate grant funds. Hall believes that he is putting his lifetime of experience to good work. He said he is finding his work at CCCS enjoyable — though not necessarily as different from the corporate world as he expected — and he is grateful both for the opportunity to provide his expertise and the appreciation he is shown by his CCCS colleagues and the coordinators of ReServe. “The psychic income is very much valued,” he said. “This is a very good fit for me.”

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L E I S U R E & T R AV E L

New Hampshire’s lakes, looms and loons; plus, the best deals for fall travel, and is Europe a bargain now? page 20

After retiring from the banking industry, Dave Hall put his years of experience to work at Consumer Credit Counseling Services with the help of ReServe, an organization that places retirees 55-plus in part-time positions at nonprofits. Those placed are paid a modest stipend. ReServe opened its Maryland office earlier this year.

ARTS & STYLE and public agencies faced challenges in their capacity to serve those in need. “In just six years of operation in New York City, ReServe has shown that the experience and skills of older adults constitute an abundance of talent, just waiting to be tapped all over America,” said Jack Rosenthal, co-founder and chairman of ReServe’s board, and the former president of the New York Times Foundation. “Longer life may be the most important phenomena of our time,” added Rosenthal, “yet there are no institutions to govern a new stage of life that may last 20 years or longer.” To mark ReServe Maryland’s launch, the UM School of Social Work held an introductory event in February at the University’s

Southern Management Corporation Campus Center. Nearly 60 people attended the presentation, referred to as a “First Impressions” session, based on the information sessions ReServe hosts monthly for professionals 55+ interested in joining ReServe. “ReServe Maryland is a great solution to two problems,” said Dick Cook, director of SWCOS. “One is the huge number of boomers who want to continue to make a contribution to our society, which has no easy avenue for them to be useful. “Two is the huge number of human service providers that are burdened with increasing demand and diminishing reSee ReSERVE, page 19

The DNA Theatre pulses with an aerial dance show; plus, visiting Baltimore’s lesser-known museums page 25 FITNESS & HEALTH 4 k New weight-loss drug approved k Eight medical breakthroughs LAW & MONEY 14 k Get ready for next year’s taxes k Why you need more than IRAs VOLUNTEERS & CAREERS

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