A recent study reports that jobs for seniors are easier to find. The average retirement age is being pushed back each year and there is no longer a “typical” definition of what retirement is. A large number of older Americans don’t necessarily ever want to stop working completely, for reasons such as keeping themselves busy,…
Most people have big dreams for how they hope to spend their retirement. Unfortunately, sometimes people end up bored or without enough money to fulfill their goals. When people discover they cannot continue with their desired standard of living, they may end up not retiring at all (or decide to get a part-time job to…
Today, more people are continuing to work at some capacity during retirement compared to past generations. And the reasons—as well as the benefits—leading Americans back to the labor force in what’s supposed to be their “non-working years” are not entirely money motivated, a recent study finds. Many retired Baby Boomers (Americans born between 1946 and…
Most Americans approaching retirement have acknowledged — even embraced — the notion that they will want or need to work in retirement. But they may be in a for a few BIG surprises. A new study of nearly 3,300 baby boomers suggests retirement job expectations may not be realistic. Commissioned by the Bankers Life Center…
Retirement doesn’t mean what it used to, at least not for everyone. There was a time when leaving work meant winding down for good. Now, it’s often just the beginning of a whole new life phase, one where you can learn new things, put established skills to work, and supplement your retirement income in a…
It’s no secret that many older Americans are working past traditional retirement age. Whether working later in life is due to financial necessity or a desire to stay active, it’s clear that many people are trying to retire later. A recent Gallup poll shows that nearly four in 10 Americans plan to still be working…
Whether to keep working or retire is one of the most difficult decisions you’ll make in life. It changes everything, and starts a whole new phase. While there’s no crystal ball, one thing is for sure: Being cautious with this choice can only serve you well. CNBC’s Kelly Holland explains in the article, “Ready to…
Retirement is not what it used to be. In the past, retirees could get by on a combination of Social Security payments, their company’s pension, and their retirement savings, but this model is slowly fading. Now, many people don’t have enough to fund their retirement and find that they have to work during this time…
Being retired doesn’t mean that you have to stop working. Many retirees enjoy part-time work both for the boost in income and for staying active in the world. Not every job is right for every person. There are some that might not suit your style, but others could be exactly what you’re looking for. Here…
Many Americans are planning to work into retirement, or to return to work after retiring. Seventy-five percent of Americans expect to work for as long as they can, and 39% say it’s because they like to work, according to a recent Bankrate Financial Literacy poll. One-third, or 32% of Americans say they’ll continue working because…
The smartest thing anyone can do to prepare for retirement is to start early – long before you need it – and to look for sources of income that will sustain you after you’ve officially retired, says Dave Starr, the founder of RetiredPay.com.Even if you have the promise of a comfortable pension, that is no excuse…
“Freedom 55” was the rallying cry for decades of people working toward an early retirement… However, over the past few years, the U.S. labor market has seen a continual increase in the number of working individuals older than 55 who are delaying retirement. Why is this change happening? What factors are influencing why retire-aged people…
People who are preparing to retire likely have several notions of what they expect retirement to be like. But a new study from Merrill Lynch in partnership with Age Wave reveals a few common myths about work and retirement —along with today’s reality. Researchers examined four retirement job myths and explored their corresponding realities, along…