What You Need to Know About Working After Retirement
On a path to return to work? If so, you’re in good company.
It’s called “reverse retirement,” and it’s a LOT more common than you might think.
More than a third of retirees return to work on either a full-time and part-time basis.
A recent paper published by the Federal Reserve Board posits that those who return to work after retirement do so because they do not think of retirement as a state of no longer working, or they find that they do not like not working and would rather return to work.
Clearly, a return to work after retirement is often motivated by economic necessity.
But it’s not the only indicator.
Interestingly, the study revealed that the percentage of retirement reversal is the same — 35% — within both the highest and lowest income quintile.
A key finding confirms what many of us know to be true: job stress and burnout make retirement feel like an attractive option.
However, a period of recovery often leads to retirement reversal, upending the belief…
